Switzerland Inflation Rate Lowest Since 1959

Consumer prices in Switzerland decreased 1.4 percent year-on-year in August 2015, following a 1.3 percent drop in the previous month, mainly due to lower cost of food, housing, health, transport. It is the lowest inflation rate in 56 years.
Swiss Federal Statistical Office | yekaterina@tradingeconomics.com 9/4/2015 11:34:40 AM
Compared to August 2014, food cost dropped 1.1 percent (-1.5 percent in July), housing and energy prices fell 1.1 percent (-0.5 percent in July); health cost declined by 0.3 percent (-0.5 percent in July) and transport prices 4.6 percent (-4.8 percent in July). Additional downward pressure came from: furnishings and household equipment (-2.6 percent); recreation and culture (-2.1 percent); miscellaneous goods and services (-1.6 percent) and restaurants and hotels prices (-0.2 percent). In contrast, education cost went up 1.2 percent and alcoholic beverages and tobacco rose by 0.3 percent. 

On a monthly basis, consumer prices declined by 0.2 percent in August, mainly due to lower prices of housing (-0.2 percent); health (-0.3 percent); transportation (-0.3 percent) and furnishings and household equipment (-0.5 percent). Meanwhile, only food cost increased by 0.4 percent.

Switzerland Inflation Rate Lowest Since 1959