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2nd Jul 2025 10:14EurozoneWeekly Monitor

  • Headline inflation in Switzerland rose above zero in June, by 0.2pp to 0.1%.
  • It will fall back again in July, to zero, where we expect it to hold steady until Q4. 
  • Our forecasts remain well below the SNB’s; another rate cut in September, to -0.25%, is still likely.

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Keywords for: 4 July 2025 Eurozone Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence