Switzerland's consumer prices declined 0.8 percent from a year earlier in September 2020, the least since March and in line with market expectations. There were decreases in cost for housing & utilities (-0.5 percent vs -0.4 percent in August), health (-0.8 percent, the same pace as in August), transport (-3.7 percent vs -4.2 percent), recreation & culture (-2.4 percent vs -2.9 percent). Meanwhile, prices rose for food & non-alcoholic beverages (0.5 percent vs 0.2 percent), restaurants & hotels (0.3 percent vs 0.5 percent) and clothing & footwear rebounded (0.4 percent vs -0.3 percent). Core consumer prices, which strip out volatile price components like fresh and seasonal products, energy and fuels dropped 0.3 percent, also the least since March. On a monthly basis, consumer prices were flat in September, matching market consensus.

Inflation Rate in Switzerland averaged 2.33 percent from 1956 until 2020, 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. This page provides - Switzerland Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.

Inflation Rate in Switzerland is expected to be -0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Switzerland to stand at 0.20 in 12 months time. In the long-term, the Switzerland Inflation Rate is projected to trend around 0.20 percent in 2021 and 0.50 percent in 2022, according to our econometric models.

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Switzerland Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
-0.80 -0.90 11.92 -1.40 1956 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-07-02 06:30 AM Jun -1.3% -1.3% -1.2% -1.1%
2020-08-03 06:30 AM Jul -0.9% -1.3% -1.1% -1%
2020-09-03 06:30 AM Aug -0.9% -0.9% -0.8% -0.8%
2020-10-01 06:30 AM Sep -0.8% -0.9% -0.8% -0.9%
2020-11-03 07:30 AM Oct -0.8% -0.7%
2020-12-02 07:30 AM Nov
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Swiss Consumer Prices Drop the Least in 6 Months
Switzerland's consumer prices declined 0.8 percent from a year earlier in September 2020, the least since March and in line with market expectations. There were decreases in cost for housing & utilities (-0.5 percent vs -0.4 percent in August), health (-0.8 percent, the same pace as in August), transport (-3.7 percent vs -4.2 percent), recreation & culture (-2.4 percent vs -2.9 percent). Meanwhile, prices rose for food & non-alcoholic beverages (0.5 percent vs 0.2 percent), restaurants & hotels (0.3 percent vs 0.5 percent) and clothing & footwear rebounded (0.4 percent vs -0.3 percent). Core consumer prices, which strip out volatile price components like fresh and seasonal products, energy and fuels dropped 0.3 percent, also the least since March. On a monthly basis, consumer prices were flat in September, matching market consensus.
2020-10-01
Swiss Consumer Prices Drop Less than Expected
Switzerland's consumer prices fell 0.9 percent from a year earlier in August 2020, still the smallest decline since March and compared with market expectations of a 0.8 percent drop. There were decreases in prices of housing & utilities (-0.4 percent vs -0.2 percent in July), health (-0.8 vs -1.0 percent), transport (-4.2 percent vs -4.6 percent), recreation & culture (-2.9 percent vs -3.2 percent), and clothing & footwear (-0.3 percent vs 0.3 percent). Meanwhile, prices increased further for both food & non-alcoholic beverages increased softer (0.2 percent vs 0.7 percent) and restaurants & hotels (0.5 percent vs 0.1 percent). Core consumer prices, which strip out volatile price components like fresh and seasonal products, energy and fuels dropped 0.4 percent, still the least since March. On a monthly basis, consumer prices were flat in August, compared to market consensus of a 0.1 percent rise.
2020-09-03
Swiss Consumer Prices Fall the Least in 4 Months
Switzerland's consumer prices dropped 0.9 percent from a year earlier in July 2020, the smallest fall since March and compared with market expectations of a 1.1 percent decline. There were decreases in prices of housing & utilities (-0.2 percent vs -0.1 percent in June), health (-1.0 vs -0.7 percent), transport (-4.6 percent vs -6.3 percent), recreation & culture (-3.2 percent vs -4.7 percent). Meanwhile, prices of food & non-alcoholic beverages increased softer (0.7 percent vs 1.0 percent). In addition, prices rebounded for both clothing & footwear (0.3 percent vs -1.0 percent), restaurants & hotels (0.1 percent vs -0.3 percent). Core consumer prices, which strip out volatile price components like fresh and seasonal products, energy and fuels dropped 0.4 percent, the least since March. On a monthly basis, consumer prices went down 0.2 percent in July, compared to market consensus of a 0.4 percent drop.
2020-08-03
Swiss Consumer Prices Drop the Most Since 2016
Switzerland's consumer prices dropped 1.3 percent from a year earlier in June 2020, the steepest fall since January 2016 and compared with market expectations of a 1.2 percent fall. There were declines in prices of housing & utilities (-0.1 percent vs -0.4 percent in May), health (-0.7 percent, the same as in May), transport (-6.3 percent vs -6.1 percent), recreation & culture (-4.7 percent vs -4.3 percent), clothing & footwear (-1.0 percent vs -0.3 percent), restaurants & hotels (-0.3 percent vs 0.1 percent). Conversely, prices of food & non-alcoholic beverages increased faster (1.0 percent vs 0.4 percent). Core consumer prices, which strip out volatile price components like fresh and seasonal products, energy and fuels dropped 0.8 percent, the most since January 2016. On a monthly basis, consumer prices were flat in June, compared to market consensus of a 0.1 percent gain.
2020-07-02

Switzerland Inflation Rate
In Switzerland, the most important categories in the consumer price index are: Housing and energy (25 percent of the total weight) and Healthcare (16 percent). Transport accounts for 11 percent; Food and non-alcoholic beverages for 11 percent; Restaurants and hotels for 9 percent; and Recreation and culture for 8 percent. The index also includes: Miscellaneous goods and services (6 percent); Household goods and services (4 percent); Clothing and footwear (3 percent). Communication, Alcoholic Beverages and Tobacco and Education account for the remaining 7 percent of total weight.