The annual inflation rate in Switzerland rose to 0.9 percent in August of 2021 from 0.7 percent in the previous month, above market expectations of 0.8 percent. It was the highest inflation rate since November of 2018, with main upward pressure coming from transport (5.8 percent); housing and energy (1.8 percent) and alcoholic beverages and tobacco (1.2 percent). Meanwhile, cost declined for food and non-alcoholic beverages (-1.2 percent); communications (-1.2 percent) and recreation and culture (-0.9 percent). On a monthly basis, consumer prices edged up 0.2 percent, rebounding from a 0.1 percent drop in July. source: Swiss Federal Statistical Office
Inflation Rate in Switzerland averaged 2.30 percent from 1956 until 2021, 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 September of 2021.
Inflation Rate in Switzerland is expected to be 1.00 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 0.70 percent in 2022 and 1.00 percent in 2023, according to our econometric models.