The annual core inflation in Switzerland, which excludes volatile items such as unprocessed food and energy, increased by 0.3% year-on-year in May 2026, the same with the prior period’s pace and still marked the softest rise since July 2021. source: Swiss Federal Statistical Office

Core Inflation Rate in Switzerland averaged 0.46 percent from 2001 until 2026, reaching an all time high of 2.00 percent in January of 2023 and a record low of -0.90 percent in August of 2012. 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 June of 2026.

Core Inflation Rate in Switzerland is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland Core Inflation Rate is projected to trend around 1.60 percent in 2027, according to our econometric models.




Components Last Previous Unit Reference
Inflation Rate YoY 0.60 0.60 percent May 2026

Related Last Previous Unit Reference
CPI 101.30 101.10 points May 2026
Core Consumer Prices 100.40 100.30 points May 2026
Core Inflation Rate 0.30 0.30 percent May 2026
CPI Housing Utilities 101.20 100.90 points May 2026
CPI Transportation 104.00 104.00 points May 2026
Export Prices 98.60 99.60 points May 2026
Food Inflation -1.20 -0.80 percent May 2026
Inflation Rate MoM 0.20 0.30 percent May 2026
Producer Prices 99.30 99.60 points May 2026
Producer & Import Prices YoY -1.80 -2.00 percent May 2026


Switzerland Core Inflation Rate
In Switzerland, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.
Actual Previous Highest Lowest Dates Unit Frequency
0.30 0.30 2.00 -0.90 2001 - 2026 percent Monthly