Inflation in Switzerland
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
|Inflation Rate (CPI, annual variation in %, eop)||-1.3||0.0||0.8||0.7||0.2|
5 years of economic forecasts for more than 30 economic indicators.
Switzerland Inflation (eop) 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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December 2, 2021
Retail sales increased 1.2% year-on-year in calendar-adjusted terms in October (September: +2.6% c.a.
December 1, 2021
Consumer prices increased 0.04% in November over the previous month, moderating from October's 0.30% increase.
December 1, 2021
The Credit Suisse/procure.ch Manufacturing Purchasing Managers' Index (PMI) fell to 62.5 in November from October's 65.4.
November 30, 2021
The KOF Economic Barometer came in at 108.5 in November, down from October's 110.2.
November 26, 2021
Economic growth ebbed slightly in the third quarter, with GDP increasing 1.7% on a seasonally-adjusted quarter-on-quarter basis (Q2: +1.8% s.a.