Swiss CPI measures how fast consumer prices are rising year-on-year, the key inflation gauge the Swiss National Bank watches when setting interest rates.
Actual
1.7%
Forecast
1.7%
Previous
1.6%
Source: Swiss Federal Statistical Office. Figures as released; revisions appear in the next print.
Switzerland Inflation Rate (CPI) for September 2023 came in at 1.7% versus 1.7% expected (previous 1.6%), in line with forecast.
What it meant for the Swiss Franc
The actual landed in line with the 1.7% forecast. A reading above forecast is generally bullish for the CHF, and below forecast bearish.
New to this release? See what Switzerland Inflation Rate (CPI) measures, the next release and its full history.