With mixed figures from Switzerland today, the general consensus is obvious for easing price pressures that surely the Franc's rally affected.

The Consumer price index was flat in May following 0.1% rise yet above -0.1% expected. On the year prices rose 0.4% from 0.3% previous and expected. In EU harmonized terms, inflation dropped 0.1% on the month from a flat previous in April and rose 0.3% from a year earlier following 0.1% gain.