Switzerland Inflation April 2018

Switzerland

Switzerland: Inflation steady in April

May 7, 2018

Consumer prices rose 0.2% on a month-on-month basis in April, coming in slightly below March’s 0.4% increase. April’s print reflected higher prices for petroleum products, package travel abroad and airfares, which more than offset price declines for accommodation, and fruits and vegetables.

Inflation remained steady in April at the three-month high of 0.8% recorded in March. Meanwhile, annual average inflation was unchanged in April at 0.6%.

Panelists polled by FocusEconomics expect inflation to average 0.7% in 2018, which is unchanged from last month’s forecast. For 2019, panelists expect inflation to average 0.9%.


Author: Jean-Philippe Pourcelot, Economist

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Switzerland Inflation Chart


Switzerland Inflation April 2018

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


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