Pantheon Macroeconomics

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5th Jun 2023 18:59Eurozone, Daily Monitor

  • Swiss inflation eased further in May, as falling energy prices weighed on the cost of imported goods.
  • The lagged effect of CHF appreciation will pull imported price inflation below zero in July.
  • The fall in inflation in May won’t prevent a hike from the SNB this month, but it will be the last.

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Keywords for: 6June 2023 Eurozone Monitor Falling Inflation Points to Just one Further Hike by the SNB

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