Inflation in Switzerland
Switzerland - Inflation
Inflation holds steady in September
Consumer prices increased 0.02% over the previous month in September, a smaller increase than August's 0.25% increase. The moderation was largely driven by a more moderate rise in prices for housing and energy. In addition, prices for food and non-alcoholic beverages dropped.
Inflation was stable at 0.9% in September. The annual average variation of consumer prices ticked up to 0.1% in September (August: -0.1%).
FocusEconomics Consensus Forecast panelists expect consumer prices to rise 0.4% on average in 2021, which is unchanged from last month’s forecast. For 2022, panelists pencil in average inflation of 0.6%, which is unchanged from the previous month.
Switzerland - Inflation Data
|Inflation Rate (CPI, annual variation in %)||-1.1||-0.4||0.5||0.9||0.4|
5 years of economic forecasts for more than 30 economic indicators.
Switzerland Inflation 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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October 4, 2021
Consumer prices increased 0.02% over the previous month in September, a smaller increase than August's 0.25% increase.
October 4, 2021
Retail sales expanded 0.5% year-on-year in calendar-adjusted terms in August (July: -2.3% c.a.
October 1, 2021
The Credit Suisse/procure.ch Manufacturing Purchasing Managers' Index (PMI) came in at 68.1 in September, up from August's 67.7.
September 30, 2021
The KOF Economic Barometer fell to 110.6 in September from August's 113.5.
September 23, 2021
At its meeting on 23 September, the Swiss National Bank (SNB) left its policy rate and the interest rate on sight deposits at minus 0.75%—the world’s lowest.