Switzerland's core consumer prices, which strip out volatile price components like fresh and seasonal products, energy and fuels, went down 0.8 percent year-on-year in June 2020, the most since January 2016.
Core Inflation Rate in Switzerland averaged 0.31 percent from 2001 until 2020, reaching an all time high of 1.90 percent in September of 2008 and a record low of -1.20 percent in December of 2011. This page provides the latest reported value for - Switzerland Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Switzerland Core Inflation Rate - values, historical data and charts - was last updated on July of 2020.
Core Inflation Rate in Switzerland is expected to be -0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Switzerland to stand at 0.60 in 12 months time. In the long-term, the Switzerland Core Inflation Rate is projected to trend around 0.70 percent in 2021 and 1.10 percent in 2022, according to our econometric models.