Forex Special
(Barcelona) - Inflation rates, as calculated by the Swiss Federal Statistical Office, turned negative even beyond expectations and continue to slide.
The Consumer Price Index decreased by 0.7% in July, plummeting beyond pessimistic forecast of -0.5%, from a take off point of -0.4% in the previous month.
The other side of that coin was supposed to be the YoY comparison, but it printed an 0.4% inflation, contrasted with a June reading of 0.5% and a market expectation of 0.7% rise.
