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August 07, 2023
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Switzerland unemployment rate 1.9% (consensus 1.9) in Jul-23



- Switzerland's unemployment rate reached 1.9% in July 2023, the highest level since May 2023, but still below the one-year average.
- Although the unemployment rate remains above the long-run average, positive growth in retail sales and an optimistic economic sentiment indicator suggest a resilient Swiss economy.
August 03, 2023
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Switzerland CPI inflation 1.61% y-o-y (consensus 1.6) in Jul-23

- Switzerland's CPI inflation for July 2023 reached 1.61% y-o-y, as expected, but representing the lowest growth since December 2021.
- The inflation rate is 1.15 pp below the one-year average and 0.15 pp below the long-run average, indicating a subdued inflationary environment and potential challenges for businesses and monetary policy makers.

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