Switzerland Inflation November 2021


Switzerland: Inflation comes in at highest level since November 2008 in November

December 1, 2021

Consumer prices increased 0.04% in November over the previous month, moderating from October's 0.30% increase. The moderation was primarily due to a slower increase in prices for housing and energy.

Inflation came in at 1.5% in November, up from October’s 1.2%. November's result was the highest inflation rate since November 2008, but was still low relative to European peers. Meanwhile, the trend pointed up mildly, with annual average inflation coming in at 0.4% in November (October: 0.2%).

FocusEconomics Consensus Forecast panelists expect consumer prices to rise 0.7% on average in 2022, which is unchanged from the previous month. For 2023, panelists pencil in average inflation of 0.6%.

Author:, Economist

Sample Report

Looking for forecasts related to Inflation in Switzerland? Download a sample report now.


Switzerland Inflation Chart

Switzerland Inflation November 2021

Note: Month-on-month changes and annual variation of consumer price index (CPI) in %.
Source: Swiss Federal Statistics Office (BFS).

Switzerland Economic News

More news

Search form