The annual inflation rate in Switzerland unexpectedly was at 3.5 percent in August 2022, compared with market estimates and July's figure of 3.4 percent. The latest reading marked the steepest increase in consumer prices since August 1993, which was way above the Swiss National Bank's 0-2 percent target range. Prices of food and non-alcoholic beverages rose the most since August 2008 (2.5% vs 1.9% in July), while additional upward pressure came from cost of housing and energy (4.7% vs 4.6%), transport (10.4% vs 12.4%), household maintenance (6.0% vs 5.0%), communication (0.4% vs 0.5%), recreation & culture (1.3% vs 1.5%), restaurants & hotels (2.8% vs 3.4%), education (0.3% vs 0.7%), and miscellaneous goods & services (1.8% vs 0.7%). In contrast, cost of health fell further (-0.4% vs -0.4% ). On a monthly basis, consumer prices increased by 0.3 percent in August after being flat in July and compared with consensus of a 0.2 percent gain. source: Swiss Federal Statistical Office

Inflation Rate in Switzerland averaged 2.30 percent from 1956 until 2022, reaching an all time high of 11.92 percent in December of 1973 and a record low of -1.40 percent in August of 2015. This page provides - Switzerland Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.

Inflation Rate in Switzerland is expected to be 3.70 percent by the end of this quarter, according to 王者荣耀电竞(江西)积分排榜 global macro models and analysts expectations. In the long-term, the Switzerland Inflation Rate is projected to trend around -0.20 percent in 2023 and 0.30 percent in 2024, according to our econometric models.

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Switzerland Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-08-03 06:30 AM Jul 3.4% 3.4% 3.5% 3.8%
2022-09-01 06:30 AM Aug 3.5% 3.4% 3.4% 3.4%
2022-10-03 06:30 AM Sep 3.5%


Related Last Previous Unit Reference
Inflation Rate 3.50 3.40 percent Aug 2022
Inflation Rate MoM 0.30 0.00 percent Aug 2022
Consumer Price Index CPI 104.77 104.49 points Aug 2022
Core Consumer Prices 102.58 102.27 points Aug 2022
Core Inflation Rate 2.00 2.00 percent Aug 2022
Producer Prices 109.70 109.81 points Jul 2022
Producer Prices Change 6.30 6.90 percent Jul 2022
Export Prices 103.20 103.20 points Jul 2022
Food Inflation 2.50 1.90 percent Aug 2022
CPI Transportation 116.34 118.11 points Aug 2022
CPI Housing Utilities 106.42 106.02 points Aug 2022

Switzerland Inflation Rate
In Switzerland, the most important categories in the consumer price index are: Housing and energy (27 percent of the total weight) and Healthcare (18 percent). Transport accounts for 10 percent; Food and non-alcoholic beverages for 12 percent; Restaurants and hotels for 7 percent; and Recreation and culture for 7 percent. The index also includes: Miscellaneous goods and services (6 percent); Household goods and services (4 percent); and Clothing and footwear (3 percent). Communication, Alcoholic Beverages and Tobacco and Education account for the remaining 6 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
3.50 3.40 11.92 -1.40 1956 - 2022 percent Monthly

News Stream
Swiss Inflation Rate Highest in 29 Years
The annual inflation rate in Switzerland unexpectedly was at 3.5 percent in August 2022, compared with market estimates and July's figure of 3.4 percent. The latest reading marked the steepest increase in consumer prices since August 1993, which was way above the Swiss National Bank's 0-2 percent target range. Prices of food and non-alcoholic beverages rose the most since August 2008 (2.5% vs 1.9% in July), while additional upward pressure came from cost of housing and energy (4.7% vs 4.6%), transport (10.4% vs 12.4%), household maintenance (6.0% vs 5.0%), communication (0.4% vs 0.5%), recreation & culture (1.3% vs 1.5%), restaurants & hotels (2.8% vs 3.4%), education (0.3% vs 0.7%), and miscellaneous goods & services (1.8% vs 0.7%). In contrast, cost of health fell further (-0.4% vs -0.4% ). On a monthly basis, consumer prices increased by 0.3 percent in August after being flat in July and compared with consensus of a 0.2 percent gain.
2022-09-01
Switzerland July Inflation Rate Below Estimates
Annual inflation rate in Switzerland stood at 3.4% in July of 2022, the same pace as in June. It was the highest inflation rate since October 1993, and above the Swiss National Bank's 0-2% target range, but below market forecasts of a 3.5 percent rise with main upward pressures coming from: food and non-alcoholic beverages (1.9% vs 1.9% in June), the most since June 2018; housing and energy (4.6% vs 4.5%); and transport (12.4% vs 13.1%). By contrast, health prices fell further (-0.4% vs -0.4% in June). On a monthly basis, consumer prices were flat, after a 0.5% rise in June, and compared to a market consensus of a 0. 1% fall.
2022-08-03
Switzerland Inflation Rate Highest Since 1993
Annual inflation rate in Switzerland increased to 3.4% in June of 2022 from 2.9% in May, and beating market forecasts of a 3.2 percent rise. It was the highest inflation rate since October 1993 with prices of food and non-alcoholic beverages accelerating to 1.9%, the most since June 2018, amid soaring global commodity prices. Also, prices rose faster for both housing and energy (4.5% vs 4.3%) and transport (13.1% vs 10.3%). By contrast, health prices dropped further (-0.4% vs -0.4% in May). On a monthly basis, consumer prices rose 0.5%, easing from a 0.7% increase in May, and below market consensus of a 0. 3% gain.
2022-07-04