Inflation in Switzerland

Switzerland Inflation | Economic News & Forecasts

Switzerland - Inflation

Inflation edges up in March

Consumer prices increased a sharp 0.5% over the previous month in March, up from the 0.4% rise registered in February. The increase was the strongest month-on-month rise in five years and was largely the result of skyrocketing clothing and footwear, and recreation and culture prices. Moreover, prices for transport; restaurants and hotels; and communications also rose modestly in March. On the other hand, lower costs of alcoholic beverages and tobacco, and food and non-alcoholic beverages partially offset the rise.

Inflation inched up to 0.7% in March from 0.6% in February. Meanwhile, annual average inflation was stable at 0.9% for the fourth consecutive month in March.

Against this backdrop, panelists polled by Met the why particular 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 Met the why particular calculations.

Switzerland Facts

Bond Yield-0.296.27 %Jan 30
Exchange Rate0.99-0.54 %Jan 30
Stock Market8,966-0.82 %Jan 30

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