{"id":17381,"date":"2025-06-03T12:34:27","date_gmt":"2025-06-03T12:34:27","guid":{"rendered":"https:\/\/www.vtmarkets.com\/in\/?p=17381"},"modified":"2025-06-03T12:34:29","modified_gmt":"2025-06-03T12:34:29","slug":"swiss-cpi-turns-negative-for-the-first-time-since-2021","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-mena\/live-updates\/swiss-cpi-turns-negative-for-the-first-time-since-2021\/","title":{"rendered":"Swiss CPI Turns Negative for the First Time Since 2021"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"559\" src=\"https:\/\/www.vtmarkets.com\/in\/wp-content\/uploads\/sites\/7\/2025\/06\/policy6-1024x559.png\" alt=\"\" class=\"wp-image-17382\" srcset=\"https:\/\/www.vtmarkets.com\/en-mena\/wp-content\/uploads\/sites\/7\/2025\/06\/policy6-1024x559.png 1024w, https:\/\/www.vtmarkets.com\/en-mena\/wp-content\/uploads\/sites\/7\/2025\/06\/policy6-300x164.png 300w, https:\/\/www.vtmarkets.com\/en-mena\/wp-content\/uploads\/sites\/7\/2025\/06\/policy6-768x419.png 768w, https:\/\/www.vtmarkets.com\/en-mena\/wp-content\/uploads\/sites\/7\/2025\/06\/policy6-500x273.png 500w, https:\/\/www.vtmarkets.com\/en-mena\/wp-content\/uploads\/sites\/7\/2025\/06\/policy6-400x218.png 400w, https:\/\/www.vtmarkets.com\/en-mena\/wp-content\/uploads\/sites\/7\/2025\/06\/policy6-350x191.png 350w, https:\/\/www.vtmarkets.com\/en-mena\/wp-content\/uploads\/sites\/7\/2025\/06\/policy6-200x109.png 200w, https:\/\/www.vtmarkets.com\/en-mena\/wp-content\/uploads\/sites\/7\/2025\/06\/policy6.png 1408w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Switzerland\u2019s CPI dropped by 0.1% YoY in May 2025 \u2014 the first negative reading since March 2021. Core inflation also eased to 0.5% from 0.6%, signaling softening price pressures. While expected, the return of deflation puts the Swiss National Bank in a tight spot, especially with a strengthening franc reducing import costs but threatening export competitiveness.<\/p>\n\n\n\n<p>The economic backdrop is shifting subtly but significantly. While core CPI remains positive, its decline reflects growing softness across broader sectors. For traders, this creates potential for a policy shift. Short-term yields may start pricing in a gentler rate path, and carry trades could regain traction.<\/p>\n\n\n\n<p>Market volatility remains low, but that\u2019s no excuse for complacency. With narrowing inflation and a stronger currency in play, Swiss monetary policy could ripple through wider European markets. Keep a close eye on monthly data prints \u2014 they may just shape the next big move <\/p>\n\n\n\n<p><a class=\"\" href=\"https:\/\/www.vtmarkets.com\/in\/\">Create your live VT Markets account<\/a> and start trading with real-time insights.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Switzerland\u2019s CPI dropped by 0.1% YoY in May 2025 \u2014 the first negative reading since March 2021. Core inflation also eased to 0.5% from 0.6%, signaling softening price pressures. While expected, the return of deflation puts the Swiss National Bank in a tight spot, especially with a strengthening franc reducing import costs but threatening export <a href=\"https:\/\/www.vtmarkets.com\/en-mena\/live-updates\/swiss-cpi-turns-negative-for-the-first-time-since-2021\/\" class=\"read-more\">Continue Reading<\/a><\/p>\n","protected":false},"author":2,"featured_media":17382,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-17381","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-mena\/wp-json\/wp\/v2\/posts\/17381","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-mena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-mena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-mena\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-mena\/wp-json\/wp\/v2\/comments?post=17381"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-mena\/wp-json\/wp\/v2\/posts\/17381\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-mena\/wp-json\/wp\/v2\/media\/17382"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-mena\/wp-json\/wp\/v2\/media?parent=17381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-mena\/wp-json\/wp\/v2\/categories?post=17381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-mena\/wp-json\/wp\/v2\/tags?post=17381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}