
At 08:30 (GMT+2), Switzerland will present the consumer price index for May. It is the main indicator of the inflation rate in the country and reflects the change in retail prices for a certain “basket” of goods and services: food, transport, utilities, and health care. The index has a significant impact on the decisions of the Swiss National Bank on monetary policy. It may change from 1.4% to 1.1% YoY and from 0.3% to 0.4% MoM.

