Switzerland's consumer prices were unchanged in December 2019, after declining by 0.1 percent in November and in line with market consensus. Prices for hotels and mobile communication were up, while costs for products for face care and make-up and those for fruit or vegetables juices declined. Inflation Rate Mom in Switzerland averaged 0.19 percent from 1950 until 2019, 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 0.40 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 -0.20 in 12 months time. In the long-term, the Switzerland Inflation Rate MoM is projected to trend around -0.20 percent in 2020, according to our econometric models.