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Country Focus

CHF Strength Imports Deflation

by Felix-Antoine Vezina-Poirier, Chief Strategist  

Swiss inflation remains near the lower bound of the SNB’s target, with a strong CHF weighing on activity and inflation. January CPI fell 0.1% m/m and rose 0.1% y/y, while core increased 0.5% y/y. These readings place inflation toward the lower end of the SNB…

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