Switzerland’s inflation rate remained at 1.4% in May as an increase in rents was offset by a further fall in core goods prices. With inflation in line with the SNB’s forecast published in March and the Q1 GDP figures suggesting that underlying economic growth has picked up, we think the SNB will leave rates on hold at its meeting on the 20th of June.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services