The Swiss Federal Statistics Office released its consumer inflation data on Monday. Switzerland's consumer price index rose 0.1% in June, beating expectations for a 0.1% decrease, after a 0.2% rise in May.

On a yearly basis, Switzerland's consumer price index increased to -1.0% in June from -1.2% in May, beating forecasts of a 1.2% decline.

Food and beverages prices dropped at an annual rate of 0.8% in June, clothing and footwear prices climbed 0.6%, while housing and energy prices declined 0.4%.