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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SwitzerlandSwitzerland CPI MoM climbed to 0.3% in April 2026
FMPMonthlyReleased May 2026
Switzerland CPI MoM climbed to 0.3% in April 2026, released May 2026, up 0.1% from March's 0.2% reading. The reading matched expectations. The print is running well above the 12-month average of 0.2%.
Latest Release
0.3
Actual
0.3
Consensus
0.2
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/CHF | ▼ Inverse | −0.50 | FOREX | Bullish CHF | → View |
| EUR/CHF | ▼ Inverse | −0.45 | FOREX | Bearish EUR | → View |
| CHF/JPY | ▲ Direct | +0.40 | FOREX | Bullish CHF | → View |
| XAU/USD | ▲ Direct | +0.35 | COMMODITIES | Watch | → View |
| GBP/CHF | ▼ Inverse | −0.35 | FOREX | Bullish CHF | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
CPI MoM (Switzerland) was reported at 0.3% in May 2026. This matched the market consensus of 0.3% exactly. The reading rose from the previous value of 0.2%. Trailing 12-month context per ETL data through April 2026. This is classified as a medium-impact indicator released on a monthly basis.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/CHF (Bullish CHF). A secondary relationship exists with EUR/CHF, negatively correlated (Bearish EUR).
WHAT TO WATCH NEXT
The next release is scheduled for June 4, 2026. Same-country events in the next 14 days include Employment Level (May 28) and KOF Leading Indicators (May 29).
Auto-generated from current model state · Refreshes on each release · Last update April 2026.
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CPI MoM - CH
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About CPI MoM — Switzerland
DEFINITION
Switzerland's CPI MoM rose 0.300000% in April, matching consensus and accelerating from March's 0.200000%. The increase signals a faster monthly inflation pace, maintaining upward pressure on prices. Market participants will closely watch upcoming data for central bank policy cues amid steady inflation growth. Updated 5/5/26
WHY THIS INDICATOR MATTERS
Inflation prints feed directly into central-bank policy expectations and real-yield calculations, and are among the most rate-sensitive releases on the calendar. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 0.3 %, consensus 0.3 %. Prior reading (Mar 2026): 0.2 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print. Current dynamics are the primary headwind in the projection. This indicator correlates most strongly with USD/CHF (Bullish CHF, r=-0.50) — a useful reference for forex-focused traders.