Swiss inflation hits unexpected 0% in April, rate cut likely

Published 05/05/2025, 07:46
Swiss inflation hits unexpected 0% in April, rate cut likely

Investing.com -- Swiss inflation dropped to an unanticipated 0% in April, according to government data released on Monday.

This development raises the likelihood of the Swiss National Bank (SNB) implementing another rate cut in the upcoming month.

Consumer prices in Switzerland remained stagnant last month in comparison to the same period a year ago.

This is a drop from the 0.3% increase recorded in February and March. The current inflation rate is at the lower end of the SNB’s target range of 0% to 2%.

The April inflation figure fell short of the projected 0.2% increase.

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