Switzerland's annual core inflation, which strips out volatile price components like fresh and seasonal products, energy and fuels, declined to 0.2 percent year-on-year in January 2020 from 0.4 percent in in the previous month. Switzerland Core Inflation Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Core Inflation Rate in Switzerland averaged 0.32 percent from 2001 until 2019, reaching an all time high of 1.90 percent in September of 2008 and a record low of -1.20 percent in December of 2011. This page provides the latest reported value for - Switzerland Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Core Inflation Rate in Switzerland is expected to be 0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Switzerland to stand at 0.50 in 12 months time. In the long-term, the Switzerland Core Inflation Rate is projected to trend around 0.70 percent in 2021 and 1.10 percent in 2022, according to our econometric models.

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Switzerland Core Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.20 0.40 1.90 -1.20 2001 - 2020 percent Monthly

Switzerland Core Inflation Rate
In Switzerland, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.