by 08.06.2016 09:15 – FSO, Prices (0353-1606-00) Swiss Consumer Price Index in May 2016 For the third time in a row, prices in Switzerland increased against the previous month. Inflation was -0.4% against last year. Still in 2015 yearly inflation was mostly around -1.5% y/y. Now yearly HCPI inflation is -0.5%. 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 0.1% Neuchâtel, 08.06.2016 (FSO) – The Swiss Consumer Price Index increased by 0.1% in May 2016 compared with the previous month, reaching 100.6 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). Download this press release (pdf, 129 KB) Bericht CD Bund German text: Landesindex der Konsumentenpreise im Mai 2016 Konsumentenpreise steigen um 0,1 Prozent Neuchâtel, 08.06.
Topics:
Swiss Statistics considers the following as important: Featured, newsletter, Swiss CPI, Swiss inflation, Swiss Macro
This could be interesting, too:
Eamonn Sheridan writes CHF traders note – Two Swiss National Bank speakers due Thursday, November 21
Charles Hugh Smith writes How Do We Fix the Collapse of Quality?
Marc Chandler writes Sterling and Gilts Pressed Lower by Firmer CPI
Michael Lebowitz writes Trump Tariffs Are Inflationary Claim The Experts
08.06.2016 09:15 – FSO, Prices (0353-1606-00)
Swiss Consumer Price Index in May 2016
For the third time in a row, prices in Switzerland increased against the previous month. Inflation was -0.4% against last year. Still in 2015 yearly inflation was mostly around -1.5% y/y. Now yearly HCPI inflation is -0.5%. 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 0.1%
Neuchâtel, 08.06.2016 (FSO) – The Swiss Consumer Price Index increased by 0.1% in May 2016 compared with the previous month, reaching 100.6 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).
Download this press release (pdf, 129 KB)
Bericht CD Bund
German text:
Landesindex der Konsumentenpreise im Mai 2016
Konsumentenpreise steigen um 0,1 Prozent
Neuchâtel, 08.06.2016 (BFS) – Der Landesindex der Konsumentenpreise (LIK) stieg im Mai 2016 gegenüber dem Vormonat um 0,1 Prozent und erreichte den Stand von 100,6 Punkten (Dezember 2015=100 Punkte). Im Vergleich zum Vorjahresmonat betrug die Teuerung -0,4 Prozent. Dies geht aus den Zahlen des Bundesamts für Statistik (BFS) hervor.
Der Anstieg des LIK um 0,1 Prozent gegenüber dem Vormonat ist auf mehrere Ursachen zurückzuführen. Teurer wurden insbesondere Erdölprodukte, Pauschalreisen, Lebensmittel und Mieten. Rückläufig waren hingegen die Preise für Luftverkehr sowie, infolge von Aktionen, die Preise für Möbel und Einrichtungszubehör.
BUNDESAMT FÜR STATISTIK
Medienstelle
