Switzerland's Consumer Price Index (CPI) for April rose 0.6% YoY, in line with expectations, compared with a 0.3% increase in the previous reading; it increased 0.3% MoM, also meeting expectations, versus a 0.2% rise previously.Excluding volatile items such as fresh food and energy, Switzerland's core inflation for April rose 0.3% YoY, below market expectations of a 0.5% increase, compared with a 0.4% rise in the previous reading; it was flat MoM.After harmonization under European Union standards, Switzerland's Harmonized Index of Consumer Prices (HICP) for April rose 0.5% YoY and increased 0.6% MoM. (da/u)
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