Consumer prices in Switzerland rose 1.0% year-on-year in September 2026, the fastest increase since September 2024, from 0.8% in the previous month and in line with market expectations. Prices accelerated mainly for transport (3.6% vs 2.7% in August), information and communication (1.9% vs 0.9%), housing and energy (2.2% vs 2.0%), and restaurants and hotels (0.8% vs 0.5%), while prices rebounded for other goods and services (0.3% vs -0.4%). Additionally, deflation eased in food and non-alcoholic beverages (-1.0% vs -1.1%) and clothing and footwear (-1.9% vs -2.3%). In contrast, price growth slowed in alcoholic beverages and tobacco (1.7% vs 1.9%), while prices declined in household goods and services (-0.3% vs 0.1%) and recreation, sport and culture (-0.1% vs 0.6%). On a monthly basis, consumer prices were unchanged, following a 0.4% gain in August. Meanwhile, annual core inflation, which excludes volatile items such as unprocessed food and energy, edged up to 0.5% from 0.4%. source: Swiss Federal Statistical Office

Inflation Rate in Switzerland increased to 1 percent in September from 0.80 percent in August of 2026. Inflation Rate in Switzerland averaged 2.24 percent from 1956 until 2026, reaching an all time high of 11.90 percent in December of 1973 and a record low of -1.40 percent in June of 1959. This page provides - Switzerland Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.

Inflation Rate in Switzerland increased to 1 percent in September from 0.80 percent in August of 2026. Inflation Rate in Switzerland is expected to be 1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland Inflation Rate is projected to trend around 0.90 percent in 2027 and 0.80 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-03 06:30 AM
Inflation Rate YoY
Aug 0.8% 0.4% 0.5% 0.6%
2026-10-01 06:30 AM
Inflation Rate YoY
Sep 1% 0.8% 1% 1.0%
2026-11-03 07:30 AM
Inflation Rate YoY
Oct 1%



Components Last Previous Unit Reference
Food Inflation -1.00 -1.10 percent Sep 2026

Related Last Previous Unit Reference
CPI 101.50 101.50 points Sep 2026
Core Consumer Prices 100.60 100.60 points Sep 2026
Core Inflation Rate 0.50 0.40 percent Sep 2026
CPI Education 100.00 100.00 points Sep 2026
CPI Housing Utilities 101.90 101.70 points Sep 2026
CPI Transportation 103.90 103.50 points Sep 2026
Export Prices 99.30 98.80 points Aug 2026
Inflation Rate YoY 1.00 0.80 percent Sep 2026
Inflation Rate MoM 0.00 0.40 percent Sep 2026
Producer Prices 100.40 99.60 points Aug 2026
Producer & Import Prices YoY -0.70 -2.10 percent Aug 2026


Switzerland Inflation Rate
In Switzerland, the most important categories in the Consumer Price Index are: Housing & Energy (27%) and Healthcare (17%). Food & Non-alcoholic Beverages account for 13%; Transport for 11%; Recreation & Culture for 7%; Miscellaneous Goods & Services for 6%; Restaurants & Hotels for 6%. The index also includes: Households Goods & Services (5%), Alcoholic Beverages & Tobacco (3%), Communications (3%), Clothing & Footwear (3%), and Education (1%).
Actual Previous Highest Lowest Dates Unit Frequency
1.00 0.80 11.90 -1.40 1956 - 2026 percent Monthly

News Stream
Swiss Inflation Hits 2-Year High
Consumer prices in Switzerland rose 1.0% year-on-year in September 2026, the fastest increase since September 2024, from 0.8% in the previous month and in line with market expectations. Prices accelerated mainly for transport (3.6% vs 2.7% in August), information and communication (1.9% vs 0.9%), housing and energy (2.2% vs 2.0%), and restaurants and hotels (0.8% vs 0.5%), while prices rebounded for other goods and services (0.3% vs -0.4%). Additionally, deflation eased in food and non-alcoholic beverages (-1.0% vs -1.1%) and clothing and footwear (-1.9% vs -2.3%). In contrast, price growth slowed in alcoholic beverages and tobacco (1.7% vs 1.9%), while prices declined in household goods and services (-0.3% vs 0.1%) and recreation, sport and culture (-0.1% vs 0.6%). On a monthly basis, consumer prices were unchanged, following a 0.4% gain in August. Meanwhile, annual core inflation, which excludes volatile items such as unprocessed food and energy, edged up to 0.5% from 0.4%.
2026-10-01
Swiss Inflation Jumps to 2-Year High
Consumer prices in Switzerland jumped by 0.8% year-on-year in August 2026, exceeding market expectations for a 0.5% gain and marking the fastest rise since August 2024. The increase followed a 0.4% rise in July, with the pickup partly reflecting higher petroleum costs and the weaker franc, which is pushing up prices for imported goods. Core inflation, which excludes volatile items such as energy and unprocessed food, also accelerated to 0.4% from 0.3%, marking its first increase this year. On a monthly basis, consumer prices rose 0.1%, reversing a 0.1% decline in July. The pickup was broad-based, with higher costs for petroleum products partly offset by lower prices for clothing and footwear. The data came ahead of the Swiss National Bank’s policy decision later this month, with inflation still within its 0-2% target range despite the acceleration. The SNB has signaled it could cut rates below zero if necessary, while officials expect the policy rate to remain at zero through 2027.
2026-09-03
Swiss Inflation Slows to 4-Month Low
Consumer prices in Switzerland rose by 0.4% year-on-year in July 2026, marking the softest increase since March and easing from a 0.5% gain in the previous month. Prices declined mainly for food and non-alcoholic beverages (-1.3% vs -1.2% in June), clothing and footwear (-0.9% vs -0.1%), and household goods and services (-1.7% vs -1.4%). At the same time, price growth moderated for transport (0.8% vs -1.8%), restaurants and hotels (0.5% vs 0.7%), and other goods and services (0.2% vs 0.6%). On the other hand, costs increased for housing and energy (1.4% vs 1.2%), information and communication (0.5% vs 0.3%), and recreation, sport and culture (0.6% vs 0%), while inflation remained steady for education (at 2.6%). On a monthly basis, consumer prices fell by 0.1%, the first decrease in six months, after a flat reading in June. Meanwhile, annual core inflation, which strips out volatile items such as unprocessed food and energy, remained unchanged at 0.3% in July.
2026-08-03