Inflation in Switzerland
Switzerland - Inflation
Inflation comes in at highest level since August 2018 in October
Consumer prices rose 0.30% in October over the previous month, accelerating from September's 0.02% rise. October's result was the highest reading since March. The increase was primarily due to rising prices for housing and energy. In addition, price pressures for transportation grew at a faster rate.
Inflation came in at 1.2% in October, up from September’s 0.9%. October's figure marked the highest inflation rate since August 2018, but was still muted by the standards of neighboring economies. Annual average inflation rose to 0.2% in October (September: 0.1%).
FocusEconomics Consensus Forecast panelists expect consumer prices to rise 0.7% on average in 2022, which is up 0.1 percentage points from the previous month. For 2023, panelists pencil in average inflation of 0.7%.
Switzerland - Inflation Data
|Inflation Rate (CPI, annual variation in %)||-1.1||-0.4||0.5||0.9||0.4|
5 years of economic forecasts for more than 30 economic indicators.
Switzerland Inflation Chart
Source: Swiss Federal Statistics Office (BFS) and FocusEconomics calculations.
|Bond Yield||-0.51||6.27 %||Jan 01|
|Exchange Rate||0.97||-0.54 %||Jan 01|
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November 2, 2021
Consumer prices rose 0.30% in October over the previous month, accelerating from September's 0.02% rise.
November 2, 2021
Retail sales increased 2.5% year-on-year in calendar-adjusted terms in September (August: +0.8% c.a.
November 1, 2021
The Credit Suisse/procure.ch Manufacturing Purchasing Managers' Index (PMI) came in at 65.4 in October, down from September's 68.1.
Switzerland: KOF Economic Barometer records worst reading since February but remains elevated in October
October 29, 2021
The KOF Economic Barometer came in at 110.7 in October, down from September's 111.0.
October 4, 2021
Consumer prices increased 0.02% over the previous month in September, a smaller increase than August's 0.25% increase.