Switzerland CPI slipped 0.9% in the year ended February from a prior of -0.8%, compared with median estimates of -1.0%. On the monthly basis, the reading rose to 0.3% from January's reading of -0.4%, exceeding forecasts of 0.2%.

The annual EU Harmonised reading plunged 1.2% compared to estimates of -0.7% and a preceding of -0.9%, while the monthly reading came in line with projections of 0.1% from a prior of -0.7%.