Switzerland Inflation Rate  1956-2017 | Data | Chart | Calendar | Forecast

Consumer prices in Switzerland were unchanged year-on-year in December of 2016, following 25 consecutive months of decline and matching market expectations. Higher prices of housing and utilities, food and restaurants and hotels were offset by falling cost of health, transport and recreation and culture. Considering full 2016, consumer prices were down 0.4 percent on average, in line with government and central bank forecasts. Inflation Rate in Switzerland averaged 2.46 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.

Switzerland Inflation Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-11-07 08:15 AM Oct -0.2% -0.2% 0.1%
2016-12-06 08:15 AM Nov -0.3% -0.2% -0.2% 0.1%
2017-01-05 08:15 AM Dec 0.0% -0.3% 0.0% -0.1%
2017-02-14 08:15 AM Jan 0.0% 0.03%
2017-03-08 08:15 AM Feb 0.05%
2017-04-06 07:15 AM Mar 0.04%




Swiss CPI Steady After Falling For 2 Years


Consumer prices in Switzerland were unchanged year-on-year in December of 2016, following 25 consecutive months of decline and matching market expectations. Higher prices of housing and utilities, food and restaurants and hotels were offset by falling cost of health, transport and recreation and culture. Considering full 2016, consumer prices were down 0.4 percent on average, in line with government and central bank forecasts.

Year-on-year, main upward pressure came from cost of housing and utilities (1.5 percent vs 0.6 percent in November); food and non-alcoholic beverages (0.9 percent vs 0.8 percent in November) and restaurants and hotels (0.1 percent vs -0.1 percent in November). In contrast, biggest downward impact came from health (-0.6 percent, the same as in November); transport (-0.3 percent vs -1.7 percent in November) and recreation and culture (-0.1 percent vs -0.4 percent in November).

On a monthly basis, consumer prices edged down 0.1 percent, following a 0.2 percent drop in the previous period, mainly due to lower cost for tour packages, clothing and footwear and food. In contrast, prices rose for fuel, public transportation and air transport.

Swiss Federal Statistical Office | Joana Taborda | joana.taborda@tradingeconomics.com
1/5/2017 8:43:01 AM



Switzerland Prices Last Previous Highest Lowest Unit
Inflation Rate 0.00 -0.30 11.92 -1.40 percent [+]
Inflation Rate Mom -0.10 -0.20 2.10 -1.05 percent [+]
Consumer Price Index CPI 99.99 100.07 100.77 20.60 Index Points [+]
Core Consumer Prices 99.68 99.82 102.68 94.88 Index Points [+]
Core Inflation Rate -0.30 -0.31 1.90 -1.20 percent [+]
GDP Deflator 98.30 98.00 100.40 54.60 Index Points [+]
Producer Prices 100.03 99.86 106.30 52.97 Index Points [+]
Producer Prices Change 0.00 -0.60 18.66 -6.80 percent [+]
Export Prices 99.10 99.10 103.60 91.50 Index Points [+]
Import Prices 99.80 99.39 137.40 74.64 Index Points [+]
Food Inflation 0.90 0.80 6.81 -4.58 percent [+]
Cpi Transportation 99.70 98.81 113.89 65.74 Index Points [+]
Harmonised Consumer Prices 99.35 99.43 102.40 96.50 Index Points [+]



Switzerland Inflation Rate Notes

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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.00 -0.30 11.92 -1.40 1956 - 2016 percent Monthly



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Russia 5.40 Dec/16
Rwanda 11.00 Dec/16
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Senegal 2.10 Dec/16
Serbia 1.60 Dec/16
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