Inflation in Switzerland

Switzerland Inflation (eop) | Economic News & Forecasts

Switzerland - Inflation (end of period)

Inflation comes in at highest level since November 2008 in November

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%.

Switzerland - Inflation (eop) Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %, eop)-1.3  0.0  0.8  0.7  0.2  

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Switzerland Inflation (eop) Chart

Switzerland Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Swiss Federal Statistics Office (BFS) and FocusEconomics calculations.

Switzerland Facts

Value Change Date
Bond Yield-0.516.27 %Jan 01
Exchange Rate0.97-0.54 %Jan 01

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