Inflation ebbs in October from the prior month

Latest reading: Consumer prices rose 0.1% in annual terms in October, following a 0.2% increase in the prior month. Relative to the previous month's data, price pressures reduced for transportation in October (-1.7% in annual terms vs -1.5% in September). In contrast, there were higher price pressures for housing and energy (+0.8% vs +0.7% in September) and food and non-alcoholic beverages (-0.5% vs -0.8% in September). Finally, the variation in restaurants and hotels prices was the same as in the prior month (+1.3% in October and September). Meanwhile, core consumer prices rose 0.5% in annual terms in October, following a 0.7% rise in the previous month. Lastly, consumer prices fell 0.25% in October on a month-on-month basis, following a 0.22% decline in the prior month.

How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Swiss inflation projections for the next ten years from a panel of 35 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Swiss inflation.

Download one of our sample reports to visualize what a Consensus Forecast is and see our Swiss inflation projections.

Want to get access to the full dataset of Swiss inflation forecasts? Send an email to info@focus-economics.com.