Why it is moving
The SNB's assessment indicates that medium-term inflation expectations have not changed significantly, remaining 'only slightly higher'. This may imply that the central bank sees no urgent pressure to tighten or loosen monetary policy.
Driver data is partial
Some drivers have no confirmed source evidence yet, read those as context, not confirmation.
Main drivers
SNB commentary on medium-term inflation expectations.
No confirmed source evidence yet.
Upcoming events