Inflation in Switzerland

Switzerland Inflation | Economic News & Forecasts

Switzerland - Inflation

Inflation remains subdued in February

Consumer prices climbed 0.4% over the previous month in February, contrasting the 0.3% decline logged in January. The increase was primarily driven by higher prices for clothing and footwear; transport; leisure and culture; and food and non-alcoholic beverages. On the other hand, lower prices for restaurant and hotels partially offset the rise.

Inflation was unchanged from January’s over one-and-a-half-year low of 0.6% in February. Meanwhile, annual average inflation was stable at 0.9% for the third consecutive month in February.

Against this backdrop, panelists polled by FocusEconomics expect inflation to remain relatively muted over the medium-term and see inflation averaging 0.7% in 2019, which is unchanged from last month’s forecast, and averaging 0.9% in 2020.

Switzerland - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)-0.2  0.0  -1.1  -0.4  0.5  

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Switzerland Inflation Chart

Switzerland Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Swiss Federal Statistics Office (BFS) and FocusEconomics calculations.

Switzerland Facts

Bond Yield-0.416.27 %Mar 20
Exchange Rate0.99-0.54 %Mar 20
Stock Market9,463-0.82 %Mar 20

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