Annual inflation rate in Switzerland increased to 2.9% in May of 2022 from 2.5% in April, pointing to the highest level since September 2008, and above market forecasts of a 2.6 percent rise, mainly boosted by faster rises in prices of both housing and energy (4.3% vs 4.1%) and transport (10.3% vs 10.0%), amid a rebound in prices of food and non-alcoholic beverages (1.1% vs -0.3%). In addition, health prices fell less (-0.4% vs -0.5% in April). On a monthly basis, consumer prices were up 0.7%, the most in three months, accelerating from a 0.4% gain in April, and beating market consensus of a 0. 3% growth. source: Swiss Federal Statistical Office
Inflation Rate in Switzerland averaged 2.30 percent from 1956 until 2022, 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. This page provides - Switzerland Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.
Inflation Rate in Switzerland is expected to be 3.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland Inflation Rate is projected to trend around -0.20 percent in 2023 and 0.30 percent in 2024, according to our econometric models.