June 10 Macroeconomic Interpretation: Swiss Consumer Confidence Index in May Recommended Reading: ★
This data is purely for personal interest sharing, and has little impact on the short-term risk market and crypto market. Those who don't like it can ignore it directly.
Data influence: ★
Data credibility: ★
Data: Previous value 43.05% (38.1 before correction) Announced value 37.99
Announcement time: 15:00
Impact:
As a stable economy, Switzerland's consumer confidence index will have an important impact on the European system. At present, Switzerland's consumer information index in May was revised to 43.05 before the announcement, which resulted in the data being slightly lower than the previous value and becoming significantly lower than the previous value.
The data can interpret that consumers' confidence in the current and future economic trends in Switzerland has weakened, but this is good for Switzerland's inflation control in the short term. However, Switzerland's overall annual inflation rate is already below 2%, and has long remained around 1.4%. Although there are signs of a rebound in inflation in the short term, it still cannot reach 2% in the short term.
This value has little impact on the current risk market.
