Annual inflation rate in Switzerland stood at 3.4% in July of 2022, the same pace as in June. It was the highest inflation rate since October 1993, and above the Swiss National Bank's 0-2% target range, but below market forecasts of a 3.5 percent rise with main upward pressures coming from: food and non-alcoholic beverages (1.9% vs 1.9% in June), the most since June 2018; housing and energy (4.6% vs 4.5%); and transport (12.4% vs 13.1%). By contrast, health prices fell further (-0.4% vs -0.4% in June). On a monthly basis, consumer prices were flat, after a 0.5% rise in June, and compared to a market consensus of a 0. 1% fall. source: Swiss Federal Statistical Office
Inflation Rate in Switzerland averaged 2.30 percent from 1956 until 2022, 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 August of 2022.
Inflation Rate in Switzerland is expected to be 2.70 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 -0.20 percent in 2023 and 0.30 percent in 2024, according to our econometric models.