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

Swiss consumer prices decreased by 0.3 percent in the year to November 2016, following a 0.2 percent fall in October and worse than market expectations of a 0.2 percent drop. It was the 25th straight month of deflation and the biggest decline in consumer prices since June this year, mainly due to a fall in cost of leisure activities and accommodation. On a monthly basis, consumer prices decreased by 0.2 percent, after rising by 0.1 percent in October. 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)
2016-10-06 07:15 AM Sep -0.2% -0.1% -0.1% 0.1%
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%
2017-01-09 08:15 AM Dec -0.3% -0.31%
2017-02-10 08:15 AM Jan -0.33%
2017-03-08 08:15 AM Feb -0.32%




Swiss Deflation Deepens in November


Swiss consumer prices declined by 0.3 percent in the year to November 2016, following a 0.2 percent fall in October and worse than market expectations of a 0.2 percent drop. It was the 25th straight month of deflation and the biggest decline in consumer prices since June this year, mainly due to a fall in prices of leisure activities and accommodation.

Compared with November 2015, cost of recreation and culture dropped 0.4 percent, following a 1.2 percent increase in October; and prices of restaurants and hotels dropped 0.1 percent, after showing no growth the previous month. Additional downward pressure came from: Health (-0.6 percent, the same as in October); transport (-1.7 percent from -2.4 percent); miscellaneous goods and services (-1.8 percent, the same as in October); and furnishings and household equipment (-2.7 percent from -1 percent). By contrast, prices of housing and utilities advanced 0.6 percent, following a 0.3 percent gain in the previous month; and cost of food and non-alcoholic beverages went up 0.8 percent, the same as in October.

On a monthly basis, consumer prices fell 0.2 percent, after rising 0.1 percent in October, mainly due to lower prices of recreation and culture (-1.5 percent) while cost rose for housing and utilities (+0.3 percent).

Swiss Federal Statistical Office | Joana Ferreira | joana.ferreira@tradingeconomics.com
12/6/2016 10:01:13 AM



Switzerland Prices Last Previous Highest Lowest Unit
Inflation Rate -0.30 -0.20 11.92 -1.40 percent [+]
Inflation Rate Mom -0.20 0.10 2.10 -1.05 percent [+]
Consumer Price Index CPI 100.07 100.27 100.77 20.60 Index Points [+]
Core Consumer Prices 99.82 99.93 102.68 94.88 Index Points [+]
Core Inflation Rate -0.26 -0.10 1.90 -1.20 percent [+]
GDP Deflator 98.30 98.00 100.40 54.60 Index Points [+]
Producer Prices 99.78 99.72 106.30 52.97 Index Points [+]
Producer Prices Change -0.20 -0.10 18.66 -6.80 percent [+]
Export Prices 99.30 99.30 103.60 91.50 Index Points [+]
Import Prices 99.54 99.36 116.35 63.19 Index Points [+]
Food Inflation 0.80 0.80 6.81 -4.58 percent [+]
Cpi Transportation 98.81 98.72 113.89 65.74 Index Points [+]
Harmonised Consumer Prices 99.63 99.63 102.40 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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
-0.30 -0.20 11.92 -1.40 1956 - 2016 percent Monthly



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Australia 1.30 Sep/16
Austria 1.30 Oct/16
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Cuba 4.50 Dec/16
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Czech Republic 0.80 Oct/16
Denmark 0.30 Oct/16
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Dominican Republic 0.91 Oct/16
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Ecuador 1.05 Nov/16
Egypt 13.60 Oct/16
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Eritrea 12.50 Dec/15
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European Union 0.50 Oct/16
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Finland 0.50 Oct/16
France 0.50 Nov/16
Gabon 2.09 Feb/16
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Georgia 0.20 Nov/16
Germany 0.80 Nov/16
Ghana 15.80 Oct/16
Greece -0.50 Oct/16
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Hong Kong 1.20 Oct/16
Hungary 1.00 Oct/16
Iceland 2.10 Nov/16
India 4.20 Oct/16
Indonesia 3.58 Nov/16
Iran 9.30 Oct/16
Iraq 0.30 Sep/16
Ireland -0.30 Oct/16
Israel -0.30 Oct/16
Italy 0.10 Nov/16
Ivory Coast 0.60 Oct/16
Jamaica 1.80 Oct/16
Japan 0.10 Oct/16
Jordan -0.50 Oct/16
Kazakhstan 8.70 Nov/16
Kenya 6.68 Nov/16
Kosovo 0.90 Oct/16
Kuwait 3.62 Oct/16
Kyrgyzstan -0.20 Oct/16
Laos 1.84 Sep/16
Latvia 1.00 Oct/16
Lebanon 1.13 Oct/16
Lesotho 5.70 Oct/16
Liberia 8.44 Jun/16
Libya 27.40 Jun/16
Liechtenstein -0.30 Nov/16
Lithuania 0.90 Oct/16
Luxembourg 0.54 Nov/16
Macau 1.33 Oct/16
Macedonia -0.20 Nov/16
Madagascar 6.70 Sep/16
Malawi 20.10 Oct/16
Malaysia 1.40 Oct/16
Maldives 0.40 Sep/16
Mali -3.50 Aug/16
Malta 0.50 Oct/16
Mauritania 2.60 Oct/16
Mauritius 2.20 Nov/16
Mexico 3.06 Oct/16
Moldova 2.50 Oct/16
Mongolia -0.10 Oct/16
Montenegro 0.20 Oct/16
Morocco 1.60 Oct/16
Mozambique 25.53 Oct/16
Myanmar 10.67 Mar/16
Namibia 7.30 Oct/16
Nepal 6.70 Oct/16
Netherlands 0.40 Oct/16
New Caledonia -0.20 Oct/16
New Zealand 0.40 Sep/16
Nicaragua 3.30 Nov/16
Niger -0.60 Oct/16
Nigeria 18.30 Oct/16
North Korea 55.00 Jul/13
Norway 3.70 Oct/16
Oman 2.04 Oct/16
Pakistan 3.81 Nov/16
Palestine -1.67 Oct/16
Panama 1.40 Oct/16
Papua New Guinea 6.80 Jun/16
Paraguay 4.20 Nov/16
Peru 3.35 Nov/16
Philippines 2.50 Nov/16
Poland 0.00 Nov/16
Portugal 0.90 Oct/16
Puerto Rico -0.40 Oct/16
Qatar 2.20 Oct/16
Republic of the Congo 3.70 Apr/15
Romania -0.40 Oct/16
Russia 5.80 Nov/16
Rwanda 9.10 Oct/16
Sao Tome and Principe 5.80 Oct/16
Saudi Arabia 2.60 Oct/16
Senegal -0.30 Oct/16
Serbia 1.50 Oct/16
Seychelles -0.40 Nov/16
Sierra Leone 8.77 Mar/16
Singapore -0.10 Oct/16
Slovakia -0.30 Oct/16
Slovenia 0.60 Nov/16
Somalia -4.00 Dec/14
South Africa 6.40 Oct/16
South Korea 1.30 Nov/16
South Sudan 835.70 Oct/16
Spain 0.70 Nov/16
Sri Lanka 3.40 Nov/16
Sudan 19.60 Oct/16
Suriname 77.10 Sep/16
Swaziland 8.30 Sep/16
Sweden 1.20 Oct/16
Switzerland -0.30 Nov/16
Syria 44.50 May/16
Taiwan 1.97 Nov/16
Tajikistan 6.10 Oct/16
Tanzania 4.50 Oct/16
Thailand 0.60 Nov/16
Togo -1.10 Oct/16
Trinidad and Tobago 3.00 Sep/16
Tunisia 3.90 Oct/16
Turkey 7.00 Nov/16
Turkmenistan 7.00 Dec/15
Uganda 4.60 Nov/16
Ukraine 12.40 Oct/16
United Arab Emirates 1.90 Oct/16
United Kingdom 0.90 Oct/16
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Uzbekistan 5.60 Dec/15
Venezuela 180.90 Dec/15
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