Switzerland Inflation Rate  1956-2018 | Data | Chart | Calendar | Forecast

The annual inflation rate in Switzerland rose to 1.0 percent in May of 2018 from 0.8 percent in the previous month and above market expectations of 0.9 percent. It was the highest consumer inflation rate since March of 2011, as prices increased faster for housing and energy, transportation and food while recreation and culture eased and health fell further. Annual core inflation, which strips out volatile price components like food, beverages, tobacco, seasonal products, energy and fuel, slowed to 0.4 percent in May from 0.5 percent in April. On a monthly basis, consumer prices went up 0.4 percent, after rising 0.2 percent in the prior month. Inflation Rate in Switzerland averaged 2.41 percent from 1956 until 2018, 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.

Switzerland Inflation Rate
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Swiss Inflation Rate Highest Since 2011


The annual inflation rate in Switzerland rose to 1.0 percent in May of 2018 from 0.8 percent in the previous month and above market expectations of 0.9 percent. It was the highest consumer inflation rate since March of 2011, as prices increased faster for housing and energy, tranportation and food while recreation and culture eased and health fell further.

Main upward pressure came from: housing and utilities (1.4 percent compared to 1.3 percent in April); transport (3.6 percent compared to 2.4 percent); food and non-alcoholic beverages (1.6 percent compared to 1.4 percent) and restaurants and hotels (0.2 percent compared to a flat reading). Also, prices of furnishings and household equipment declined at a softer pace (-1.0 percent compared to -1.6 percent). On the other hand, cost dropped further for health (-1.6 percent compared to -1.5 percent) while prices of recreation and culture eased (2.5 percent compared to 2.7 percent) and inflation was steady for miscellaneous goods and services (0.6 percent, the same as in April).

Annual core inflation, which strips out volatile price components like food, beverages, tobacco, seasonal products, energy and fuel, slowed to 0.4 percent in May from 0.5 percent in April. 

On a monthly basis, consumer prices went up 0.4 percent, after rising 0.2 percent in the prior month. The increase was boosted by higher prices of petrol (4.7 percent) and fresh fruit (49.5 percent). In contrast, prices decreased for medicines (-3.4 percent), other vegetables, aromatic herbs and mushrooms (-7.3 percent) and dried fruit and nuts (-4.4 percent).


Swiss Federal Statistical Office | Stefanie Moya | stefanie.moya@tradingeconomics.com
6/6/2018 7:52:51 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-04-05 07:15 AM Inflation Rate YoY 0.8% 0.6% 0.7% 0.7%
2018-05-07 07:15 AM Inflation Rate YoY 0.8% 0.8% 0.9% 0.8%
2018-06-06 07:15 AM Inflation Rate YoY 1% 0.8% 0.9% 1%
2018-07-05 07:15 AM Inflation Rate YoY 1% 0.5%
2018-08-03 07:15 AM Inflation Rate YoY 0.5%
2018-09-04 07:15 AM Inflation Rate YoY 0.6%


Switzerland Prices Last Previous Highest Lowest Unit
Inflation Rate 1.00 0.80 11.92 -1.40 percent [+]
Inflation Rate Mom 0.40 0.20 2.10 -1.05 percent [+]
Consumer Price Index CPI 102.10 101.67 102.10 20.60 Index Points [+]
Core Consumer Prices 101.11 101.04 102.68 94.88 Index Points [+]
Core Inflation Rate 0.40 0.50 1.90 -1.20 percent [+]
GDP Deflator 99.00 98.80 100.50 54.40 Index Points [+]
Producer Prices 103.00 102.80 106.30 52.97 Index Points [+]
Producer Prices Change 3.20 2.70 18.66 -6.80 percent [+]
Export Prices 99.90 100.80 112.10 97.80 Index Points [+]
Import Prices 107.67 106.34 137.40 74.64 Index Points [+]
Food Inflation 1.60 1.40 6.81 -4.58 percent [+]
Inflation Expectations 0.74 0.62 1.28 -1.33 percent [+]
Harmonised Consumer Prices 100.76 100.56 102.40 96.50 Index Points [+]
Cpi Housing Utilities 103.19 102.95 103.19 49.97 Index Points [+]
CPI Transportation 105.13 104.05 113.89 65.74 Index Points [+]


Switzerland Inflation Rate

In Switzerland, the most important categories in the consumer price index are: Housing and Electricity (25 percent of the total weight) and health care (15 percent). Transport accounts for 11 percent; food and non-alcoholic beverages for 10 percent; restaurants and hotels for 9 percent; and recreation and culture for 9 percent. The index also includes: Miscellaneous goods and services (5 percent); household equipment and maintenance (4 percent); clothing and footwear (4 percent). Communication, Alcoholic Beverages and Tobacco and Education account for the remaining 7 percent of total weight. This page provides - Switzerland Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Inflation Rate - actual data, historical chart and calendar of releases - was last updated on June of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.00 0.80 11.92 -1.40 1956 - 2018 percent Monthly




inflation rate by Country
Country Last
Australia 1.90 Mar/18
Brazil 2.86 May/18
Canada 2.20 May/18
China 1.80 May/18
Euro Area 1.90 May/18
France 2.00 May/18
Germany 2.20 May/18
India 4.87 May/18
Indonesia 3.23 May/18
Italy 1.00 May/18
Japan 0.70 May/18
Mexico 4.51 May/18
Netherlands 1.70 May/18
Russia 2.40 May/18
South Korea 1.50 May/18
Spain 2.10 May/18
Switzerland 1.00 May/18
Turkey 12.15 May/18
United Kingdom 2.40 May/18
United States 2.80 May/18


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