Switzerland's core consumer prices, which strip out volatile price components like fresh and seasonal products, energy and fuels, went down 0.8 percent year-on-year in June 2020, the most since January 2016.

Core Inflation Rate in Switzerland averaged 0.31 percent from 2001 until 2020, reaching an all time high of 1.90 percent in September of 2008 and a record low of -1.20 percent in December of 2011. This page provides the latest reported value for - Switzerland Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Switzerland Core Inflation Rate - values, historical data and charts - was last updated on July of 2020.

Core Inflation Rate in Switzerland is expected to be -0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Switzerland to stand at 0.60 in 12 months time. In the long-term, the Switzerland Core Inflation Rate is projected to trend around 0.70 percent in 2021 and 1.10 percent in 2022, according to our econometric models.

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Switzerland Core Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
-0.80 -0.60 1.90 -1.20 2001 - 2020 percent Monthly

Switzerland Prices Last Previous Highest Lowest Unit
Inflation Rate -1.30 -1.30 11.92 -1.40 percent [+]
Inflation Rate Mom 0.00 0.00 2.10 -1.05 percent [+]
Consumer Price Index CPI 101.37 101.34 103.56 21.17 points [+]
Core Consumer Prices 100.96 101.06 102.68 94.88 points [+]
Core Inflation Rate -0.80 -0.60 1.90 -1.20 percent [+]
GDP Deflator 98.40 98.30 100.50 54.40 points [+]
Producer Prices 97.65 98.14 106.30 52.97 points [+]
Producer Prices Change -4.50 -4.00 18.66 -6.80 percent [+]
Export Prices 96.50 97.20 112.10 96.50 points [+]
Import Prices 96.65 97.62 137.29 74.64 points [+]
Food Inflation 1.00 0.40 6.81 -4.58 percent [+]
Inflation Expectations 0.39 0.34 1.28 -1.33 percent [+]
Cpi Housing Utilities 103.43 103.37 104.05 49.97 points [+]
CPI Transportation 99.27 99.94 113.89 65.74 points [+]
Harmonised Consumer Prices 100.53 100.65 102.40 96.50 points [+]


Switzerland Core Inflation Rate
In Switzerland, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.