by Swiss Consumer Price Index in April 2016 For the second time in a row prices in Switzerland increased by 0.3% against the previous month. Inflation was -0.4% against last year. Still in 2015 inflation was mostly around -1.5% y/y. Will this rising price tendency continue? It will be surely a problem for the SNB. They might need a stronger franc to keep inflation in check. The Swiss asset price bubble has not found yet its way into higher rents. Switzerland has pretty strict price regulation for rents that are indexed with the central bank rate.Once the SNB hikes rates, then both interest rates and asset price bubble will push inflation upwards. Consumer prices increase by 0.3% Neuchâtel, 09.05.2016 (FSO) – The Swiss Consumer Price Index increased by 0.3% in April 2016 compared with the previous month, reaching 100.4 points (December 2015=100). Inflation was -0.4% in comparison with the same month in the previous year. These are the findings of the Federal Statistical Office (FSO).
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Swiss Consumer Price Index in April 2016
For the second time in a row prices in Switzerland increased by 0.3% against the previous month. Inflation was -0.4% against last year. Still in 2015 inflation was mostly around -1.5% y/y. Will this rising price tendency continue? It will be surely a problem for the SNB. They might need a stronger franc to keep inflation in check. The Swiss asset price bubble has not found yet its way into higher rents. Switzerland has pretty strict price regulation for rents that are indexed with the central bank rate.
Once the SNB hikes rates, then both interest rates and asset price bubble will push inflation upwards.
Consumer prices increase by 0.3%
Neuchâtel, 09.05.2016 (FSO) – The Swiss Consumer Price Index increased by 0.3% in April 2016 compared with the previous month, reaching 100.4 points (December 2015=100). Inflation was -0.4% in comparison with the same month in the previous year. These are the findings of the Federal Statistical Office (FSO).
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