
At 08:30 (GMT+2), Switzerland will publish June data on the consumer price index. It is the main indicator of inflation in the country and reflects the change in retail prices for a certain basket of goods and services: food, transport, utilities and health care. If it grows from 0.1% MoM and from –0.1% YoY, this will likely affect the rhetoric of monetary authorities on the issue of adjusting the interest rate.

