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

Swiss consumer prices declined by 0.4 percent on the year in June 2016, unchanged from the May rate and beating market expectations of 0.5 percent fall. It was the 20th straight month of deflation, dragged lower by falls in prices of housing, health and transportation while cost of food and recreation and culture rose at a faster pace. On a monthly basis, consumer prices rose 0.1 percent. Inflation Rate in Switzerland averaged 2.48 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
-0.40 -0.40 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 July of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-05-09 07:15 AM Apr -0.4% -0.9% -0.6% -0.8%
2016-06-08 07:15 AM May -0.4% -0.4% -0.4% -0.3%
2016-07-07 07:15 AM Jun -0.4% -0.4% -0.5% -0.3%
2016-08-08 07:15 AM Jul -0.4% -0.3%
2016-09-06 07:15 AM Aug -0.1%
2016-10-06 07:15 AM Sep -0.1%

Swiss Consumer Prices Fall for 20th Straight Month


Swiss consumer prices declined by 0.4 percent on the year in June 2016, unchanged from the May rate but beating market expectations of 0.5 percent fall. It was the 20th straight month of deflation, dragged lower by falls in prices of housing, health and transportation while cost of food and recreation and culture rose at a faster pace.

Compared with June 2015, prices of housing and utilities dropped 0.2 percent (from -0.5 percent in May); cost of health declined by 0.3 percent (the same pace as in the previous month); and transport prices went down 2.7 percent (from -2 percent). Additional downward pressure came from: restaurants and hotels (-0.1 percent); miscellaneous goods and services (-1.7 percent); and furnishings and household equipment (-3 percent). By contrast, prices of food and non-alcoholic beverages (+0.6 percent from +0.2 percent in May) and recreation and culture (+2.3 percent from +1.6 percent) increased.

On a monthly basis, consumer prices edged up 0.1 percent percent, the same pace as in the previous month, mainly due to higher prices of housing and utilities (+0.1 percent); food (+1.2 percent) and leisure activities (+0.7 percent); while cost of health and transport showed no growth.

Swiss Federal Statistical Office | Joana Ferreira | joana.ferreira@tradingeconomics.com
7/7/2016 9:26:39 AM

Switzerland Prices Last Previous Highest Lowest Unit
Inflation Rate -0.40 -0.40 11.92 -1.40 percent [+]
Inflation Rate Mom 0.10 0.10 2.10 -1.05 percent [+]
Consumer Price Index CPI 100.71 100.57 100.77 20.60 Index Points [+]
Core Consumer Prices 100.33 100.42 102.68 94.88 Index Points [+]
Core Inflation Rate -0.08 -0.03 1.90 -1.20 percent [+]
GDP Deflator 97.50 97.60 100.50 54.60 Index Points [+]
Producer Prices 99.87 99.70 106.30 52.97 Index Points [+]
Producer Prices Change -1.00 -1.20 18.66 -6.80 percent [+]
Export Prices 99.60 99.50 103.60 91.50 Index Points [+]
Import Prices 100.05 99.65 116.35 63.19 Index Points [+]
Food Inflation 0.20 0.10 6.81 -4.58 percent [+]
Cpi Transportation 100.19 100.19 113.89 65.74 Index Points [+]
Harmonised Consumer Prices 102.36 102.33 105.10 99.10 percent [+]




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