Switzerland's annual inflation rate edged down to 0.6 percent in January 2018 from 0.7 percent in the previous month, in line with market expectations. It was the lowest inflation rate since February, as prices of housing, transportation, and food rose at a softer pace while healthcare costs continued to decline. Annual core inflation, which strips out volatile price components like food, beverages, tobacco, seasonal products, energy and fuel, went up to 0.5 percent in January from 0.3 percent in the prior month. Inflation Rate in Switzerland averaged 2.40 percent from 1956 until 2019, reaching an all time high of 11.92 percent in December of 1973 and a record low of -1.40 percent in August of 2015.
Inflation Rate in Switzerland is expected to be 0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Switzerland to stand at 1.40 in 12 months time. In the long-term, the Switzerland Inflation Rate is projected to trend around 1.90 percent in 2020, according to our econometric models.