Switzerland Inflation Rate  1956-2016 | Data | Chart | Calendar | Forecast

Consumer prices in Switzerland edged down 0.1 percent year-on-year in August of 2016, following a 0.2 percent drop in the previous month and in line with market expectations. It is the 24th straight month of deflation although prices fell the least since November of 2014. Cost fell less for housing and utilities and grew faster for food and clothing and footwear. Inflation Rate in Switzerland averaged 2.47 percent from 1956 until 2016, 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. Inflation Rate in Switzerland is reported by the Swiss Federal Statistical Office.

Switzerland Inflation Rate
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Actual Previous Highest Lowest Dates Unit Frequency
-0.10 -0.20 11.92 -1.40 1956 - 2016 percent Monthly
In Switzerland, the most important categories in the consumer price index are: Housing and Electricity (25.4 percent of the total weight) and Health care (14.9 percent). Transports accounts for 11.2 percent; Food and Non-alcoholic Beverages for 10.5 percent and Recreation and Culture for 9.8 percent. Restaurants and Hotels for 9.4 percent. The index also includes: Miscellaneous Goods and Services (5.4 percent); Household Equipment and Maintenance (4.5 percent); Clothing and Footwear (3.8 percent). Communication, Alcoholic Beverages and Tobacco and Education account for the remaining 5.2 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 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-07-07 07:15 AM Jun -0.4% -0.4% -0.5% -0.3%
2016-08-08 07:15 AM Jul -0.2% -0.4% -0.3% -0.3%
2016-09-06 07:15 AM Aug -0.1% -0.2% -0.1% -0.1%
2016-10-06 07:15 AM Sep -0.1% 0.1%
2016-11-07 08:15 AM Oct 0.1%
2016-12-06 08:15 AM Nov 0.1%

Switzerland Deflation Slows Further to 0.1% in August


Consumer prices in Switzerland edged down 0.1 percent year-on-year in August of 2016, following a 0.2 percent drop in the previous month and in line with market expectations. It is the 24th straight month of deflation although prices fell the least since November of 2014. Cost fell less for housing and utilities and grew faster for food and clothing and footwear.

Year-on-year, prices fell at a slower pace for housing and energy (- 0.1 percent compared to -0.2 percent in July) and miscellaneous goods and services (-1.6 percent compared to -2 percent) but dropped faster for health (-0.5 percent compared to -0.2 percent) and transport (-2.9 percent compared to -2.1 percent).

In contrast, prices rose for restaurants and hotels (0.1 percent compared to -0.4 percent); food and non-alcoholic beverages (1.3 percent compared to 1.2 percent); recreation and culture (2 percent compared to 2.9 percent) and clothing and footwear (3.3 percent compared to 0.7 percent). 

On a monthly basis, consumer prices also edged down 0.1 percent, following a 0.4 percent decline in July. The decrease was mainly driven by lower prices for stationary hospital services, package tours, air transport and petroleum products while prices of hotel nights and clothing increased.

Swiss Federal Statistical Office | Joana Taborda | joana.taborda@tradingeconomics.com
9/6/2016 9:08:06 AM

Switzerland Prices Last Previous Highest Lowest Unit
Inflation Rate -0.10 -0.20 11.92 -1.40 percent [+]
Inflation Rate Mom -0.10 -0.40 2.10 -1.05 percent [+]
Consumer Price Index CPI 100.16 100.26 100.77 20.60 Index Points [+]
Core Consumer Prices 99.84 99.90 102.68 94.88 Index Points [+]
Core Inflation Rate 0.00 -0.03 1.90 -1.20 percent [+]
GDP Deflator 98.00 98.20 100.40 54.60 Index Points [+]
Producer Prices 99.50 99.80 106.30 52.97 Index Points [+]
Producer Prices Change -0.40 -0.80 18.66 -6.80 percent [+]
Export Prices 99.30 99.40 103.60 91.50 Index Points [+]
Import Prices 98.93 99.58 116.35 63.19 Index Points [+]
Food Inflation 1.30 1.20 6.81 -4.58 percent [+]
Cpi Transportation 98.76 99.86 113.89 65.74 Index Points [+]
Harmonised Consumer Prices 99.63 99.66 102.40 96.50 percent [+]




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