Swiss inflation positive for June

Source: WBP Online
© Scanpix/Reuters
The Swiss statistic's office stated that the CPI for the month of June saw a 0.1% rise, compared with a increase of 0.2% in May. The cost of living decreased 1%, compared to the June of 2014, lower than the market expectation of a 1.2% decline. The strengthening Swiss Franc has had its effects on the Swiss economy, as the Swiss GDP is forecasted to grow just 0.8% in 2015 and 1.6% in 2016. 
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