Wednesday , 13 November 2024
Home Forex Swiss government lowers inflation forecast for this year
Forex

Swiss government lowers inflation forecast for this year

  • 2024 CPI forecast seen at 1.5% (previously 1.9%)
  • 2025 CPI forecast seen at 1.1% (unchanged)
  • 2024 GDP growth forecast seen at 1.1% (unchanged)
  • 2025 GDP growth forecast seen at 1.7% (unchanged)

The Swiss government adds that global demand is to remain below its historical average until the end of next year at least.

This article was written by Justin Low at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Japan PPI (October) +0.2% m/m (expected 0%) and +3.4% y/y (expected +3.0%)

Japanese wholesale prices, the PPI or CGPI:+0.2% m/mexpected 0.0%, prior 0.0%+3.4% y/yexpected...

Barclays on oil – current market dynamics relatively stable, doesn’t foresee major shifts

Barclays has issued a note suggesting that the re-election of Trump is...

ECB Interest Rate Forecast: Deutsche Bank’s 7 reasons for projecting a lower terminal rate

Deutsche Bank has revised its forecast for the European Central Bank’s (ECB)...

EUR/USD pierces 1.06, finds lowest bids in a year

EUR/USD trimmed further into low the side on Tuesday, shedding another third...