Switzerland's consumer prices declined 0.3 percent from a month earlier in December 2018, the same pace as in November and compared with market consensus of a 0.1 percent drop. This was mainly due to falling prices for heating oil and fuel, while prices for overnight stays in hotels and new cars increased. Inflation Rate Mom in Switzerland averaged 0.19 percent from 1950 until 2018, reaching an all time high of 2.10 percent in November of 1973 and a record low of -1.05 percent in July of 2004.
Inflation Rate Mom 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 Inflation Rate Mom in Switzerland to stand at 0.40 in 12 months time. In the long-term, the Switzerland Inflation Rate MoM is projected to trend around 0.50 percent in 2020, according to our econometric models.