{
ODDO BHF (Suisse) SA

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001122334455554433221100

inflation slows in switzerland raising deflation concerns amid economic uncertainty

Inflation in Switzerland slowed to 0.8% year-on-year in September, down from 1.1% in August, driven by a significant drop in tariffs for imported goods. The consumer price index fell by 0.3% month-on-month, raising concerns about potential deflation as local product prices rose and housing rents continued to increase. The Swiss National Bank has lowered its key rate to 1% and indicated that further monetary easing may be necessary amid geopolitical tensions and a strong franc.
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Euro Swiss Franc United States Dollar Swiss National Bank ODDO BHF (Suisse) SA Lucerne Cantonal Bank CHE Brian Mandt Arthur Jurus Thomas Jordan Show more
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09:00 03.10.2024
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