Switzerland Inflation August 2019

Switzerland

Switzerland: Inflation stable in August

September 3, 2019

Consumer prices came in flat in August, contrasting the 0.5% drop registered in July. Higher prices for clothing and footwear, and alcoholic beverages and tobacco were offset by lower prices for healthcare, and recreation and culture.

Inflation was unchanged at 0.3% in August, while annual average inflation fell to 0.7% in August from 0.8% in July.

Against this backdrop, panelists polled by FocusEconomics expect inflation to remain relatively anemic over the medium-term and see inflation averaging 0.6% in 2019, which is unchanged from last month’s forecast, and 0.7% in 2020.


Author:, Economist

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Switzerland Inflation Chart


Switzerland Inflation August 2019

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


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