by George Dorgan
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The difference between the Eurozone and the Swiss inflation rates continues to shrink. February’s data shows that the gap has fallen from 3.7% in February 2012 to 2.1% in 2013. The Swiss Consumer Price Index (CPI) is rising on a monthly basis, but still negative with 0.3% on a yearly basis, while goods and services of Swiss origin are up 0.1%.
George Dorgan (penname) predicted the end of the EUR/CHF peg at the CFA Society and at many occasions on SeekingAlpha.com and on this blog. Several Swiss and international financial advisors support the site. These firms aim to deliver independent advice from the often misleading mainstream of banks and asset managers.
George is FinTech entrepreneur, financial author and alternative economist. He speak seven languages fluently.
Tags: Eurozone,inflation,Swiss economy,Switzerland,Switzerland Consumer Price Index,Switzerland inflation
