Switzerland took center stage as it delivered its MoM and YoY CPI numbers for March. The actual MoM reading came out at +0.6%, which is better than the initial forecast of +0.5% but worse than the previous +0.7% figure. The YoY number met its forecast and came out at +2.4%. The Swiss National Bank’s price stability target is for the CPI numbers to be less than 2.0% per annum. The CHF remained unchanged after the Swiss data release against its major counterparts.
GBPCHF D1
GBPCHF D1