The annual inflation rate in Switzerland stood at 3 percent year-on-year in November 2022, unchanged from the previous month's five month low, and in line with market expectations of 3 percent. Cost slowed for transport (6.4% vs 6.7% in October), housing & energy (4.3% vs 4.5%) and restaurants & hotels (1.5% vs 1.6%). At the same time, prices declined for both health (-0.4% vs -0.3%) and communication (-2.7% vs -3.1%), while inflation was unchanged for education (at 0.3%). Meantime, prices rose for food & non-alcoholic beverages (4.4 % vs 4.2%), household maintenance (5.8% vs 5.2%) and recreation & culture (2% vs 1.7%). On a monthly basis, consumer prices were flat reading in November, after increasing by 0.1 percent in October. 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 December of 2022.

Inflation Rate in Switzerland is expected to be 3.70 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 2.00 percent in 2023 and 1.70 percent in 2024, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Switzerland Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-11-03 07:30 AM Oct 3% 3.3% 3.2% 3.2%
2022-12-01 07:30 AM Nov 3% 3% 3% 2.9%
2023-01-04 07:30 AM Dec


Related Last Previous Unit Reference
Inflation Rate 3.00 3.00 percent Nov 2022
Inflation Rate MoM 0.00 0.10 percent Nov 2022
Consumer Price Index CPI 104.60 104.64 points Nov 2022
Core Inflation Rate 1.90 1.80 percent Nov 2022
Core Consumer Prices 102.75 102.61 points Nov 2022
Producer Prices 109.81 109.78 points Oct 2022
Producer Prices Change 4.90 5.40 percent Oct 2022
Export Prices 103.30 103.40 points Oct 2022
Food Inflation 4.40 4.20 percent Nov 2022
CPI Transportation 114.11 113.73 points Nov 2022
CPI Housing Utilities 107.12 106.96 points Nov 2022

Switzerland Inflation Rate
In Switzerland, the most important categories in the Consumer Price Index are: Housing & Energy (27%) and Healthcare (17%). Food & Non-alcoholic Beverages account for 13%; Transport for 11%; Recreation & Culture for 7%; Miscellaneous Goods & Services for 6%; Restaurants & Hotels for 6%. The index also includes: Households Goods & Services (5%), Alcoholic Beverages & Tobacco (3%), Communications (3%), Clothing & Footwear (3%), and Education (1%).
Actual Previous Highest Lowest Dates Unit Frequency
3.00 3.00 11.92 -1.40 1956 - 2022 percent Monthly

News Stream
Switzerland Inflation Rate Steady at 3% in November
The annual inflation rate in Switzerland stood at 3 percent year-on-year in November 2022, unchanged from the previous month's five month low, and in line with market expectations of 3 percent. Cost slowed for transport (6.4% vs 6.7% in October), housing & energy (4.3% vs 4.5%) and restaurants & hotels (1.5% vs 1.6%). At the same time, prices declined for both health (-0.4% vs -0.3%) and communication (-2.7% vs -3.1%), while inflation was unchanged for education (at 0.3%). Meantime, prices rose for food & non-alcoholic beverages (4.4 % vs 4.2%), household maintenance (5.8% vs 5.2%) and recreation & culture (2% vs 1.7%). On a monthly basis, consumer prices were flat reading in November, after increasing by 0.1 percent in October.
2022-12-01
Switzerland Inflation Rate Falls to 5-Month Low
The annual inflation rate in Switzerland declined to 3.0 percent in October 2022, compared with market forecasts of 3.2 percent and September's figure of 3.3 percent. This was the lowest reading since May, but remained way above the Swiss National Bank's 0-2 percent target range. Cost slowed for transport (6.7% vs 9.2% in September), housing and energy (4.5% vs 4.7%), restaurants & hotels (1.6% vs 1.9%), recreation & culture (1.7% vs 2.0%), and miscellaneous goods & services (1.7% vs 1.8%). At the same time, prices declined for both health (-0.3% vs -0.4%) and communication (-3.1% vs 0.3%). Meanwhile, inflation was unchanged for both household maintenance ( at 5.2%) and education (at 0.3%). Meantime, prices of food and non-alcoholic beverages rose the most since January 2002 (4.2% vs 2.9% in September). On a monthly basis, consumer prices increased by 0.1 percent in October, compared with forecasts of a 0.2 percent rise and after a 0.2 percent drop in September.
2022-11-03
Switzerland Inflation Rate Unexpectedly Eases
The annual inflation rate in Switzerland unexpectedly declined to 3.3 percent in September 2022, compared with market forecasts and August's 29-year peak of 3.5 percent. The latest figure, however, was way above the Swiss National Bank's 0-2 percent target range. Cost slowed for transport (9.2% vs 10.4% in August), household maintenance (5.2% vs 6.0%), communication (0.3% vs 0.4%), and restaurants & hotels (1.9% vs 2.8%), amid a further fall in cost of health (-0.4% vs -0.4%). By contrast, inflation was unchanged for both education (at 0.3%) and miscellaneous goods & services (at 1.8%) while prices increased faster for both cost of housing and energy (4.7% vs 4.6%) and recreation & culture (2.0% vs 1.3%). Meantime, prices of food and non-alcoholic beverages rose the most since December 2008 (2.9% vs 2.5% in August). On a monthly basis, consumer prices unexpectedly declined by 0.2 percent in September, the first fall since December 2021, after gaining 0.3 percent in August.
2022-10-03