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Swiss CPI rises 0.1% in April

Published 05/08/2014, 03:35 AM
Swiss consumer prices inflation rises in line with expectations in April
USD/CHF
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Investing.com - Consumer price inflation in Switzerland rose in line with expectations in April, official data showed on Thursday.

In a report, the Swiss Federal Statistics Office said consumer price inflation inched up by a seasonally adjusted 0.1% last month, matching forecasts. Swiss consumer prices rose 0.4% in March.

Year-over-year, Swiss consumer prices were flat in April, compared to expectations for a 0.1% increase, after holding flat in March.

Following the release of the data, the Swiss franc was modestly higher against the U.S. dollar, with USD/CHF shedding 0.14% to trade at 0.8751.

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