4thDecember 2023
Monday
On Monday, December 4th, 2023,Switzerland is poised to unveil its eagerly anticipated CPI m/m figures. Thissignificant economic indicator will provide valuable insights into thecountry's inflation trends and economic stability. Analysts and investors willbe closely monitoring the release for potential impacts on financial marketsand policy decisions.
CHF - CPI m/m
Consumer prices play a pivotal role in driving overall inflation rates. Inflation holds significant relevance in the context of currency valuation as increasing prices compel central banks to elevate interest rates in line with their commitment to managing inflation.
In October 2023, Switzerland experienced a 0.1 % increase in its Consumer Price Index compared to the preceding month. Historically, the average month-on-month inflation rate in Switzerland has been 0.18 percent since 1950. The peak of this rate was observed in November 1973 at 2.1 %, while the lowest point was recorded at -1.0 % in July 2004.
The latest forecast for the CPIm/m suggests a modest increase, projecting a rise of 0.2%. This figure is marginally higher than the previous month's increase of 0.1%, indicating a slight uptick in inflationary pressures.
The upcoming announcement for the CPI m/m is scheduled for release on Monday, December 4, 2023, at07:30 AM GMT.
The last time, Swiss CPI m/m was announced on the 2nd of November, 2023. You may find the market reaction graph (CHFJPY M5) below:
