Inflation in Switzerland
Switzerland - Inflation
Inflation eases in May
Consumer prices rose 0.3% over the prior month in May, up from the 0.2% rise logged in April. The increase was driven mainly by higher prices for fuel and travel packages abroad. On the other hand, prices for hotels and accommodation dipped over the previous month.
Inflation ticked down to 0.6% in May from 0.7% in April, while annual average inflation was steady at 0.9% for the sixth consecutive month.
Against this backdrop, panelists polled by FocusEconomics expect inflation to remain relatively muted over the medium-term and see inflation averaging 0.6% in 2019, which is unchanged from last month’s forecast, and averaging 0.8% 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 |
Switzerland Inflation Chart
Source: Swiss Federal Statistics Office (BFS) and FocusEconomics calculations.
Switzerland Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | -0.55 | 6.27 % | Jun 13 |
| Exchange Rate | 0.99 | -0.54 % | Jun 13 |
| Stock Market | 9,862 | -0.82 % | Jun 13 |
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Economic News
Switzerland: SNB maintains ultra-loose monetary policy in June; introduces SNB policy rate
June 13, 2019
At its meeting on 13 June, the Swiss National Bank (SNB) maintained its current expansionary policy stance as had been expected by market analysts.
Switzerland: Inflation eases in May
June 3, 2019
Consumer prices rose 0.3% over the prior month in May, up from the 0.2% rise logged in April.
Switzerland: Manufacturing PMI remains mired in contractionary territory in May; services PMI ticks down
June 3, 2019
The manufacturing Purchasing Managers’ Index (PMI) produced by Credit Suisse and procure.ch inched up to 48.6 points in May from a near four-year low of 48.5 points in April.
Switzerland: Retail sales remain in the doldrums in May
May 31, 2019
Calendar-adjusted real retail sales fell 0.7% in annual terms in April, matching March’s decline.
Switzerland: KOF economic barometer dips in May
May 29, 2019
The KOF economic barometer—a leading composite indicator for the Swiss economy, which forecasts a six-month period—dropped to 94.4 points in May from 96.2 points in April.
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