Inflation Switzerland 2002

Average inflation: 0.6%

Current Inflation

Inflation is very low at 0.6%, well below the ECB target.

Peak and Trough

The highest inflation was in October at 1.2%. The lowest inflation was in July at -0.1%.

Highest month
October: 1.2%
Lowest month
July: -0.1%
Difference
1.3 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Restaurants and hotels with an average of 2.8%. The lowest price increase was in Clothing and footwear with an average of -2.2%.

Highest increase
Restaurants and hotels: 2.8%
Lowest increase
Clothing and footwear: -2.2%

Historical Context

Current inflation is around the 5-year average of 1.1%. This approaches the lowest level since records began (0.6% in 2002).

5-year average
1.1%
10-year average
1.1%
All-time high (2000)
1.6%
All-time low (2002)
0.6%

Trend

Inflation has remained relatively stable. Compared to 2001, the difference is minimal (-0.4 percentage point).

Change vs. previous year
-0.4 percentage points
Largest monthly swing
July: -1.5 percentage points

ECB Target

Inflation is 1.4% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for CHF 100 this year will cost approximately CHF 100.60 next year at this inflation rate.

Multi-year trend

Monthly figures 2002

Inflation by category

Food and non-alcoholic beverages
2.3%
+1.7 vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
1.6%
+1.0 vs avg.
More details →
Clothing and footwear
-2.2%
-2.8 vs avg.
More details →
Housing, water, electricity, gas and other fuels
0.1%
-0.5 vs avg.
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Furnishings, household equipment and maintenance
0.2%
-0.4 vs avg.
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Health
0.4%
-0.2 vs avg.
More details →
Transport
-0.4%
-1.0 vs avg.
More details →
Communication
-0.6%
-1.1 vs avg.
More details →
Recreation and culture
-0.1%
-0.7 vs avg.
More details →
Education
1.3%
+0.7 vs avg.
More details →
Restaurants and hotels
2.8%
+2.2 vs avg.
More details →
Miscellaneous goods and services
2.6%
+2.0 vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2001
January 0.5% -0.8
February 0.7% -0.1
March 0.5% -0.5
April 1.1% -0.1
May 0.6% -1.2
June 0.3% -1.3
July -0.1% -1.5
August 0.5% -0.6
September 0.5% -0.2
October 1.2% +0.6
November 0.9% +0.6
December 0.9% +0.6
Average 0.6%

Data source

Data from OECD. Last updated: 13/01/2026.

See also