Monitor SZ CPI m/m to gauge early inflation trends influencing central bank rate decisions and currency value.
Consumer prices are a key driver of overall inflation, which significantly impacts currency valuation. When prices rise, central banks are often compelled to increase interest rates to fulfill their mandate of controlling inflation. This report is the first major inflation data to be released globally, coming just a few days after the month's conclusion.
What it Measures
This indicator reflects the change in prices for goods and services that consumers typically purchase.
Usual Effect
A reading that exceeds the forecast is generally positive for the currency.
Source & Frequency
Federal Statistical Office (latest release) - https://www.bfs.admin.ch/bfs/en/home.html • This data is published monthly, approximately three days following the end of the month.
How Data is Derived
The average price of various goods and services are sampled and then compared to the previous sampling
Also Known As
N/A
Acronym
Consumer Price Index (CPI)