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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SwitzerlandSwitzerland CPI MoM fell to 0.2% in May 2026
FMPMonthlyReleased June 2026
Switzerland CPI MoM fell to 0.2% in May 2026, released June 2026, down 0.1% from April's 0.3% reading. The print came in cooler than the 0.3% consensus, a softer print than forecasters anticipated. The print is running well below the 12-month average of 0.25%.
Latest Release
0.2
Actual
0.3
Consensus
0.3
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 0.2% in June 2026. This missed the market consensus of 0.3% by 0.1%. The reading fell from the previous value of 0.3%. Trailing 12-month context per ETL data through June 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 July 2, 2026. Same-country events in the next 14 days include Balance of Trade (Jun 18) and SNB Interest Rate Decision (Jun 18).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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CPI MoM - CH
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About CPI MoM — Switzerland
DEFINITION
Switzerland's CPI MoM for May came in at 0.200000%, missing the 0.300000% estimate and down from April's 0.300000%. This slowdown indicates a deceleration in monthly inflation growth between April and May. Market participants will watch upcoming data for further inflation trends amid steady central bank policy. Updated 6/4/26
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 (May 2026): actual 0.2 %, consensus 0.3 %. Prior reading (Apr 2026): 0.3 %. Before that (Mar 2026): 0.2 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print. Current dynamics are the primary tailwind in the projection. This indicator correlates most strongly with USD/CHF (Bullish CHF, r=-0.50) — a useful reference for forex-focused traders.