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Switzerland CPI Inflation 1.7% y-o-y (consensus 1.8%) in Sep-23

- Switzerland's CPI inflation rate increased to 1.7% year-on-year in September 2023, the highest growth since May 2023, but less than the 1.8% consensus expectation.
- This inflation rate is 0.78 percentage points below the one-year average, indicating relatively subdued inflationary pressure in Switzerland.

Switzerland PMI Manufacturing 44.9 in Sep-23

- The Switzerland PMI Manufacturing increased to 44.9 in September 2023, the highest level since April, indicating a gradual recovery and improved manufacturing activity.
- Despite the improvement, the PMI is still 2.28 points below the one-year average, suggesting that the sector has not fully recovered.

Switzerland KOF 95.87 (consensus 90.5) in Sep-23

- Switzerland's KOF index increased to 95.87 in September 2023, surpassing expectations, but remains at its lowest level since June 2023.
- The KOF index is currently 1.55 points below the one-year average and 3.94 points below the long-run average, indicating below-average economic performance.

Switzerland Unemployment Rate 2.05% in Aug-23

- Switzerland's unemployment rate in August 2023 remained constant at 2.05%, the same as the previous month.
- The current unemployment rate is 0.06% higher than both the one-year average and the long-run average, indicating a slight increase in unemployment.