Switzerland released the consumer price index for December, where the monthly index dropped by 0.2% from the previous drop of 0.2%, more than the expected drop of 0.1%. In addition, the annual index fell by 0.7% from the previous drop of 0.5%, more than the expected drop of 0.6%.

However, the monthly EU harmonised index expanded by 0.3% from the previous drop of 0.4%, while the annual harmonised index fell by 0.4% from the prior drop of 0.8%.