Swiss CPI m/m comes in at -0.1% against 0% consensus
| Pair | Now | Since publish |
|---|---|---|
| USDCHF | — | — |
Swiss CPI m/m for August 2026 registered at -0.1%. This figure came in below the consensus expectation of 0%. The previous month’s reading was also 0%. The latest data indicates a slight monthly contraction in consumer prices for Switzerland.
Following the release, the Swiss Franc showed varied reactions against major currencies over the initial 15 minutes. USDCHF moved +7.5 pips, while CHFJPY moved +4.2 pips. EURCHF saw a +1.7 pip change, and GBPCHF moved +0.4 pips. AUDCHF gained +0.9 pips, CADCHF gained +2.2 pips, and NZDCHF gained +1.2 pips. These initial moves are relatively small when compared to the historical median 1-hour moves for these pairs. For instance, USDCHF typically sees a median 1-hour move of 8 pips after past releases, and CHFJPY typically sees a median 1-hour move of 14 pips.