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

Consumer prices in Switzerland increased 0.8 percent year-on-year in March of 2018, up from a 0.6 percent rise in the prior month and slightly above market expectations of a 0.7 percent gain. It was the highest inflation rate since December, mainly driven by rising prices of housing & utilities and transport and a rebound in cost of food. Inflation Rate in Switzerland averaged 2.42 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 at 3-Month High of 0.8%


Consumer prices in Switzerland increased 0.8 percent year-on-year in March of 2018, up from a 0.6 percent rise in the prior month and slightly above market expectations of a 0.7 percent gain. It was the highest inflation rate since December.

Year-on-year, prices advanced faster for housing & utilities (1.2 percent vs 1 percent in February) and transport (1.7 percent vs 1.3 percent) while rebounded significantly for food (0.9 percent vs -0.4 percent). Additional upward pressure came from restaurants & hotels (0.8 percent vs 0.5 percent) and miscellaneous goods & services (0.4 percent vs 0.2 percent).

In contrast, cost slowed for clothing & footwear (3.2 percent vs 4.7 percent) while it fell for health (-1.4 percent vs -1 percent), furniture & household equipment (-0.5 percent vs -1.1 percent) and communication (-0.6 percent vs -1.1 percent).

Annual core inflation, which strips out volatile price components like food, beverages, tobacco, seasonal products, energy and fuel, rose to 0.6 percent in March from 0.5 percent in the previous month. It was the highest rate since December.

On a monthly basis, consumer prices increased 0.4 percent, the same pace as in the preceding month. Main upward pressure came from higher prices for air transportation; package tours abroad and hotel accomodation. In contrast, cost fell for fuel and medicines.


Swiss Federal Statistical Office | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
4/5/2018 10:05:29 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-02-12 08:15 AM Inflation Rate YoY 0.7% 0.8% 0.8% 1%
2018-03-06 08:15 AM Inflation Rate YoY 0.6% 0.7% 0.6% 0.6%
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% 0.4%
2018-06-06 07:15 AM Inflation Rate YoY 0.4%
2018-07-05 07:15 AM Inflation Rate YoY 0.5%


Switzerland Prices Last Previous Highest Lowest Unit
Inflation Rate 0.80 0.60 11.92 -1.40 percent [+]
Inflation Rate Mom 0.40 0.40 2.10 -1.05 percent [+]
Consumer Price Index CPI 101.46 101.07 101.46 20.60 Index Points [+]
Core Consumer Prices 100.78 100.30 102.68 94.88 Index Points [+]
Core Inflation Rate 0.60 0.50 1.90 -1.20 percent [+]
GDP Deflator 98.80 98.70 100.50 54.40 Index Points [+]
Producer Prices 102.33 102.60 106.30 52.97 Index Points [+]
Producer Prices Change 2.00 2.30 18.66 -6.80 percent [+]
Export Prices 100.50 100.60 112.10 97.80 Index Points [+]
Import Prices 105.14 105.71 137.40 74.64 Index Points [+]
Food Inflation 0.90 -0.40 6.81 -4.58 percent [+]
Inflation Expectations 0.62 0.47 1.28 -1.33 percent [+]
Harmonised Consumer Prices 100.56 100.24 102.40 96.50 Index Points [+]
Cpi Housing Utilities 102.77 102.74 102.95 49.97 Index Points [+]
CPI Transportation 103.12 102.70 113.89 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 April of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.80 0.60 11.92 -1.40 1956 - 2018 percent Monthly




inflation rate by Country
Country Last
Australia 1.90 Mar/18
Brazil 2.68 Mar/18
Canada 2.30 Mar/18
China 2.10 Mar/18
Euro Area 1.30 Mar/18
France 1.60 Mar/18
Germany 1.60 Mar/18
India 4.28 Mar/18
Indonesia 3.40 Mar/18
Italy 0.80 Mar/18
Japan 1.10 Mar/18
Mexico 5.04 Mar/18
Netherlands 1.00 Mar/18
Russia 2.40 Mar/18
South Korea 1.30 Mar/18
Spain 1.20 Mar/18
Switzerland 0.80 Mar/18
Turkey 10.23 Mar/18
United Kingdom 2.50 Mar/18
United States 2.40 Mar/18


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