Inflation came in at 3.3% in January, up from 2.8% in December and driven by faster food and housing inflation. However, January’s uptick should be short-lived: Inflation is expected to fall back to the Swiss National Bank (SNB)’s target of below 2.0% in H2 due to reduced supply constraints and weaker demand.
Switzerland Exchange Rate (CHF per USD, aop) Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Exchange Rate (CHF per USD, aop) | 0.98 | 0.98 | 0.99 | 0.94 | 0.91 |