Harmonised Consumer Prices in Switzerland increased to 99.74 points in December from 99.58 points in November of 2025. Harmonised Consumer Prices in Switzerland averaged 94.49 points from 2004 until 2025, reaching an all time high of 100.62 points in July of 2025 and a record low of 89.87 points in January of 2005. source: EUROSTAT

Harmonised Consumer Prices in Switzerland is expected to be 99.64 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland Harmonised Consumer Prices is projected to trend around 100.94 points in 2027 and 101.75 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
CPI 99.90 100.00 points Jan 2026
Core Consumer Prices 100.10 100.00 points Jan 2026
Core Inflation Rate 0.50 0.50 percent Jan 2026
CPI Housing Utilities 99.70 100.00 points Jan 2026
CPI Transportation 99.60 100.00 points Jan 2026
Export Prices 97.90 97.90 points Dec 2025
Food Inflation -0.40 -0.80 percent Jan 2026
GDP Deflator 107.30 107.60 points Sep 2025
Harmonised Consumer Prices 99.74 99.58 points Dec 2025
Harmonised Inflation Rate MoM 0.10 -0.60 percent Dec 2025
Harmonised Inflation Rate YoY 0.20 0.00 percent Dec 2025
Import Prices 103.21 103.71 points Dec 2025
Inflation Expectations 0.74 0.73 percent Dec 2025
Inflation Rate YoY 0.10 0.10 percent Jan 2026
Inflation Rate MoM -0.10 0.00 percent Jan 2026
Producer & Import Prices MoM -0.20 -0.50 percent Dec 2025
Producer Prices 104.90 104.90 points Dec 2025
Producer & Import Prices YoY -1.80 -1.60 percent Dec 2025


Switzerland Harmonised Consumer Prices
The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). The HICP is compiled by Eurostat and the national statistical institutes in accordance with harmonised statistical methods. The ECB aims to maintain annual inflation rates as measured by the HICP below, but close to, 2% over the medium term.
Actual Previous Highest Lowest Dates Unit Frequency
99.74 99.58 100.62 89.87 2004 - 2025 points Monthly
2025=100, NSA