Switzerland August CPI +0.2% vs +0.2% y/y expected

Switzerland August CPI +0.2% vs +0.2% y/y expected

• Latest data released by the Federal Statistical Office - 4 September 2025

• Prior +0.2%
• Core CPI +0.7% y/y
• Prior +0.8%

The key figure is the core annual inflation estimate and that is just marginally lower from July. Overall, it doesn't do much to change the current SNB outlook.