Switzerland Inflation Rate  1956-2018 | Data | Chart | Calendar | Forecast

The Swiss consumer price inflation came in at 1.2 percent year-on-year in August 2018, unchanged from the previous month and matching market expectations. Higher cost seen for restaurants & hotels and clothing & footwear was offset by slowing prices of housing & utilities, transport and food. Inflation Rate in Switzerland averaged 2.41 percent from 1956 until 2018, reaching an all time high of 11.92 percent in December of 1973 and a record low of -1.40 percent in August of 2015.

Switzerland Inflation Rate
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Swiss Inflation Rate Steady at 1.2% in August


The Swiss consumer price inflation came in at 1.2 percent year-on-year in August 2018, unchanged from the previous month and matching market expectations. Prices rose less mainly for housing & utilities, transport and food while advanced faster for restaurants & hotels.

Year-on-year, prices rose at a slower pace for housing & utilities (1.3 percent vs 1.5 percent in July); transport (3.2 percent vs 4.1 percent); food & non-alcoholic beverages (1.1 percent vs 1.5 percent). Also, cost continued to decrease for health (-0.6 percent vs -0.8 percent). Meantime, inflation was steady for recreation & culture (at 1.9 percent) and miscellaneous goods & services (at 0.4 percent). 

On the other hand, cost advanced further for restaurants & hotels (1.0 percent vs 0.8 percent) and clothing & footwear (3.2 percent vs 1.7 percent).

Annual core inflation, which strips out volatile price components like food, beverages, tobacco, seasonal products, energy and fuel, stood at 0.5 percent in August, unchanged from the previous month's figure.

On a monthly basis, consumer prices were flat, after decreasing 0.2 percent in the prior month. Prices fell mostly for airfares (-12.4 percent) and international package holidays (-1.7 percent) while they were up for clothing & footwear (3.1 percent) and housing rents (0.2 percent).


Swiss Federal Statistical Office | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
9/4/2018 8:24:51 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-07-05 07:15 AM Inflation Rate YoY 1.1% 1% 1.1% 1%
2018-08-03 07:15 AM Inflation Rate YoY 1.2% 1.1% 1.2% 1.1%
2018-09-04 07:15 AM Inflation Rate YoY 1.2% 1.2% 1.2% 1.2%
2018-10-05 07:15 AM Inflation Rate YoY 1.2% 0.9%
2018-11-01 08:15 AM Inflation Rate YoY 0.9%
2018-12-04 08:15 AM Inflation Rate YoY 0.8%


Switzerland Prices Last Previous Highest Lowest Unit
Inflation Rate 1.20 1.20 11.92 -1.40 percent [+]
Inflation Rate Mom 0.00 -0.20 2.10 -1.05 percent [+]
Consumer Price Index CPI 101.81 101.83 102.10 20.60 Index Points [+]
Core Consumer Prices 100.78 100.77 102.68 94.88 Index Points [+]
Core Inflation Rate 0.50 0.50 1.90 -1.20 percent [+]
GDP Deflator 98.40 98.10 100.50 54.40 Index Points [+]
Producer Prices 103.34 103.34 106.30 52.97 Index Points [+]
Producer Prices Change 3.40 3.60 18.66 -6.80 percent [+]
Export Prices 100.50 100.20 112.10 97.80 Index Points [+]
Import Prices 107.87 107.90 137.40 74.64 Index Points [+]
Food Inflation 1.10 1.50 6.81 -4.58 percent [+]
Inflation Expectations 0.70 0.74 1.28 -1.33 percent [+]
Harmonised Consumer Prices 101.46 101.47 102.40 96.50 Index Points [+]
Cpi Housing Utilities 103.40 103.21 103.40 49.97 Index Points [+]
CPI Transportation 103.44 104.42 113.89 65.74 Index Points [+]


Switzerland Inflation Rate

In Switzerland, the most important categories in the consumer price index are: Housing and Electricity (25 percent of the total weight) and health care (15 percent). Transport accounts for 11 percent; food and non-alcoholic beverages for 10 percent; restaurants and hotels for 9 percent; and recreation and culture for 9 percent. The index also includes: Miscellaneous goods and services (5 percent); household equipment and maintenance (4 percent); clothing and footwear (4 percent). Communication, Alcoholic Beverages and Tobacco and Education account for the remaining 7 percent of total weight. This page provides - Switzerland Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Inflation Rate - actual data, historical chart and calendar of releases - was last updated on September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.20 1.20 11.92 -1.40 1956 - 2018 percent Monthly




inflation rate by Country
Country Last
Argentina 34.40 Aug/18
Australia 2.10 Jun/18
Brazil 4.19 Aug/18
Canada 2.80 Aug/18
China 2.30 Aug/18
Euro Area 2.00 Aug/18
France 2.30 Aug/18
Germany 2.00 Aug/18
India 3.69 Aug/18
Indonesia 3.20 Aug/18
Italy 1.60 Aug/18
Japan 1.30 Aug/18
Mexico 4.90 Aug/18
Netherlands 2.30 Aug/18
Russia 3.10 Aug/18
Saudi Arabia 2.20 Jul/18
Singapore 0.70 Aug/18
South Africa 4.90 Aug/18
South Korea 1.40 Aug/18
Spain 2.20 Aug/18
Switzerland 1.20 Aug/18
Turkey 17.90 Aug/18
United Kingdom 2.70 Aug/18
United States 2.70 Aug/18


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