Switzerland Inflation Rate

The inflation rate in Switzerland was recorded at 0 percent in March of 2014. Inflation Rate in Switzerland is reported by the Swiss Federal Statistical Office. Inflation Rate in Switzerland averaged 2.60 Percent from 1956 until 2014, reaching an all time high of 11.92 Percent in December of 1973 and a record low of -1.37 Percent in June of 1959. In Switzerland, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides - Switzerland Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
0.00 -0.10 11.92 -1.37 0.30 | 2014/04 1956 - 2014 Percent Monthly

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Switzerland Inflation Rate
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CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2014-01-10 08:15 AM Switzerland
Inflation Rate YoY
Dec 2013 0.1% 0.1% 0.2% 0.15%
2014-02-12 08:15 AM Switzerland
Inflation Rate YoY
Jan 2014 0.1% 0.1% 0.1% 0.15%
2014-03-07 08:15 AM Switzerland
Inflation Rate YoY
Feb 2014 -0.1% 0.1% 0.2%
2014-04-07 08:15 AM Switzerland
Inflation Rate YoY
Mar 2014 0.0% -0.1% -0.2 0.25%
2014-05-08 08:15 AM Switzerland
Inflation Rate YoY
Apr 2014 0.0% 0.3%
2014-06-06 08:15 AM Switzerland
Inflation Rate YoY
May 2014 0.18%
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Prices Last Previous Highest Lowest Forecast Unit
Core Inflation Rate 0.07 2014-03-15 -0.08 1.90 -1.20 0.09 2014-04-30 Percent [+]
Consumer Price Index (CPI) 99.10 2014-03-15 98.75 100.77 20.60 99.19 2014-04-30 Index Points [+]
Core Consumer Prices 98.40 2014-03-15 97.98 100.29 92.67 98.66 2014-04-30 Index Points [+]
Export Prices 97.70 2014-02-15 98.00 103.60 95.70 97.62 2014-03-31 Index Points [+]
GDP Deflator 108.20 2013-11-15 108.10 108.30 57.30 108.09 2014-03-31 Index Points [+]
Import Prices 95.93 2014-02-15 97.05 116.35 63.19 95.49 2014-03-31 Index Points [+]
Inflation Rate Mom 0.40 2014-03-31 0.10 2.10 -1.05 0.54 2014-04-30 Percent [+]
Producer Prices 97.71 2014-03-15 97.71 106.30 52.97 97.64 2014-04-30 Index Points [+]
Producer Prices Change -0.70 2014-03-15 -0.80 18.66 -6.15 -0.73 2014-04-30 Percent [+]
Inflation Rate 0.00 2014-03-31 -0.10 11.92 -1.37 0.30 2014-04-30 Percent [+]
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Swiss Inflation Rate Unchanged in March

Switzerland’s annual inflation rate was recorded at 0.0 percent in March of 2014, after falling 0.1 percent in the previous month. On a monthly basis, prices recorded the highest increase in twelve months.

Year-on-year, the biggest downward pressures came from prices of clothing and footwear (-2.9 percent), transport (-1.8 percent), communication (-2.7 percent) and health (-0.9 percent). Food prices rose 1.3 percent and cost of housing and energy went up 1.2 percent. 

From February to March, the inflation rate increased 0.4 percent, mainly due to higher prices of clothing and footwear (+ 6.5 percent) as the winter sales ended. Consumers also had to pay more for food (+ 0.7 percent) and hotels and restaurants (+ 0.3 percent).

Core inflation rate, which strips out volatile prices like food, beverages, tobacco, seasonal products, energy and fuel increased by an annual 0.1 percent in March, following a 0.1 percent fall in February. 

BFS | Joana Taborda | joana.taborda@tradingeconomics.com
4/7/2014 4:53:27 PM

RECENT RELEASES

Swiss Inflation Rate Down to 4-Month Low
In February of 2014, Swiss annual inflation rate fell 0.1 percent after growing 0.1 percent in each of previous three months. A year earlier, prices dropped 0.3 percent. Compared with the previous month, inflation rose to 0.1 percent. Published on 2014-03-07

Swiss Inflation Rate Stable at 0.1% in January
In January of 2014, Switzerland’s annual inflation rate was recorded at 0.1 percent for the third straight month. On a monthly basis, prices fell for the second month in a row by 0.3 percent, as cost of imported products declined 1.3 percent. Published on 2014-02-12


Inflation Rate | Notes
The data given on this page shows an annual change in the Consumer Price Index. The CPI measures changes in the price level of consumer goods and services purchased by households. The CPI is calculated by taking price changes for each item in the predetermined basket of goods and services and averaging them. The items weight according to their importance. Depending on the country, the highest weights are usually given to the food, energy, housing, clothing, medical care, transportation and household equipment.


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