Annual core inflation in Switzerland, which excludes volatile items such as unprocessed food and energy, eased slightly to 0.4% in February 2026 from 0.5% in each of the previous two months. 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. source: Swiss Federal Statistical Office

Core Inflation Rate in Switzerland is expected to be 1.00 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 0.10 0.10 percent Feb 2026

Related Last Previous Unit Reference
CPI 100.60 99.90 points Feb 2026
Core Consumer Prices 100.30 100.10 points Feb 2026
Core Inflation Rate 0.40 0.50 percent Feb 2026
CPI Housing Utilities 100.10 99.70 points Feb 2026
CPI Transportation 101.10 99.60 points Feb 2026
Export Prices 99.60 100.10 points Feb 2026
Food Inflation -0.30 -0.40 percent Feb 2026
Inflation Rate MoM 0.60 -0.10 percent Feb 2026
Producer Prices 99.40 99.80 points Feb 2026
Producer & Import Prices YoY -2.70 -2.20 percent Feb 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
0.40 0.50 2.00 -0.90 2001 - 2026 percent Monthly