Switzerland Inflation Rate  1956-2017 | Data | Chart | Calendar | Forecast

Swiss consumer prices increased by 0.3 percent year-on-year in July 2017, in line with market consensus and following a 0.2 percent gain in the previous month. Food prices recovered from a fall in the previous month and cost of housing and utilities increased at a faster pace. Annual core inflation, which strips out volatile price components like food, beverages, tobacco, seasonal products, energy and fuel, edged up to 0.3 percent from 0.2 percent in June. On a monthly basis, consumer prices dropped 0.3 percent, also in line with market expectations. Inflation Rate in Switzerland averaged 2.44 percent from 1956 until 2017, 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 Rises to 0.3% in July


Swiss consumer prices increased by 0.3 percent year-on-year in July 2017, in line with market consensus and following a 0.2 percent gain in the previous month. Food prices recovered from a fall in the previous month and cost of housing and utilities increased at a faster pace.

Compared with July 2016, cost rose for: Food and non-alcoholic beverages (0.3 percent from -0.6 percent in June); housing and utilities (1 percent from 0.9 percent); transport (0.4 percent from 0.8 percent); recreation and culture (0.9 percent, the same as in June); and restaurants and hotels (0.5 percent from 0.4 percent). By contrast, prices of health continued to fall (-0.6 percent from -0.7 percent in June).

Annual core inflation, which strips out volatile price components like food, beverages, tobacco, seasonal products, energy and fuel, edged up to 0.3 percent from 0.2 percent in June.

On a monthly basis, consumer prices fell 0.3 percent after declining by 0.1 percent in June and in line with market expectations. Prices fell for clothing and footwear (-8.1 percent) and transport (-0.7 percent), but rose for food and non-alcoholic beverages (1 percent) and recreation and culture (0.4 percent).

Swiss Federal Statistical Office | Joana Ferreira | joana.ferreira@tradingeconomics.com
8/7/2017 8:05:47 AM



Calendar GMT Actual Previous Consensus Forecast (i)
2017-06-08 07:15 AM May 0.5% 0.4% 0.3% 0.4%
2017-07-06 07:15 AM Jun 0.2% 0.5% 0.3% 0.3%
2017-08-07 07:15 AM Jul 0.3% 0.2% 0.3% 0.4%
2017-09-05 07:15 AM Aug 0.3% 0.30%
2017-10-05 07:15 AM Sep 0.30%
2017-11-06 08:15 AM Oct 0.30%


Switzerland Prices Last Previous Highest Lowest Unit
Inflation Rate 0.30 0.20 11.92 -1.40 percent [+]
Inflation Rate Mom -0.30 -0.10 2.10 -1.05 percent [+]
Consumer Price Index CPI 100.59 100.90 101.00 20.60 Index Points [+]
Core Consumer Prices 100.24 100.54 102.68 94.88 Index Points [+]
Core Inflation Rate 0.34 0.21 1.90 -1.20 percent [+]
GDP Deflator 98.70 98.50 100.40 54.60 Index Points [+]
Producer Prices 99.70 99.70 106.30 52.97 Index Points [+]
Producer Prices Change -0.10 -0.10 18.66 -6.80 percent [+]
Export Prices 98.20 98.30 103.60 91.50 Index Points [+]
Import Prices 100.55 100.76 137.40 74.64 Index Points [+]
Food Inflation 0.30 -0.60 6.81 -4.58 percent [+]
CPI Transportation 100.28 100.96 113.89 65.74 Index Points [+]
Harmonised Consumer Prices 100.24 100.16 102.40 96.50 Index Points [+]


Switzerland Inflation Rate Notes

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; recreation and culture for 9 percent; and restaurants and hotels 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 August of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.30 0.20 11.92 -1.40 1956 - 2017 percent Monthly



inflation rate by Country

Last
Australia 1.90 Jun/17
Brazil 2.71 Jul/17
Canada 1.20 Jul/17
China 1.40 Jul/17
Euro Area 1.30 Jul/17
France 0.70 Jul/17
Germany 1.70 Jul/17
India 2.36 Jul/17
Indonesia 3.88 Jul/17
Italy 1.10 Jul/17
Japan 0.40 Jun/17
Mexico 6.44 Jul/17
Netherlands 1.30 Jul/17
Russia 3.90 Jul/17
South Korea 2.20 Jul/17
Spain 1.50 Jul/17
Switzerland 0.30 Jul/17
Turkey 9.79 Jul/17
United Kingdom 2.60 Jul/17
United States 1.70 Jul/17