Inflation Switzerland 2009

Average inflation: -0.5%

Current Inflation

There is deflation with consumer prices declining by 0.5%.

Peak and Trough

The highest inflation was in December at 0.3%. The lowest inflation was in July at -1.2%.

Highest month
December: 0.3%
Lowest month
July: -1.2%
Difference
1.5 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 2.7%. The lowest price increase was in Communication with an average of -4.9%.

Highest increase
Alcoholic beverages, tobacco and narcotics: 2.7%
Lowest increase
Communication: -4.9%

Historical Context

Current inflation is 1.5% lower than the 5-year average of 1.0%.

5-year average
1%
10-year average
0.9%
All-time high (2008)
2.4%
All-time low (2009)
-0.5%

Trend

Inflation shows a downward trend. Compared to 2008, inflation has fallen by +2.9 percentage point.

Change vs. previous year
-2.9 percentage points
Largest monthly swing
July: -4.3 percentage points

ECB Target

Inflation is 2.5% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

Due to deflation, purchasing power increases. Money becomes more valuable instead of less.

What you could buy for €100 this year will cost approximately €99.50 next year at this inflation rate.

Multi-year trend

Monthly figures 2009

Inflation by category

Food and non-alcoholic beverages
-0.2%
+0.3vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
2.7%
+3.2vs avg.
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Clothing and footwear
2.5%
+3.0vs avg.
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Housing, water, electricity, gas and other fuels
-1.1%
-0.6vs avg.
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Furnishings, household equipment and maintenance
0.8%
+1.3vs avg.
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Health
0.3%
+0.8vs avg.
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Transport
-3.2%
-2.7vs avg.
More details →
Communication
-4.9%
-4.4vs avg.
More details →
Recreation and culture
-0.6%
-0.1vs avg.
More details →
Education
1.6%
+2.1vs avg.
More details →
Restaurants and hotels
1.7%
+2.2vs avg.
More details →
Miscellaneous goods and services
0.5%
+1.0vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2008
January 0.1% -2.3
February 0.2% -2.2
March -0.4% -3.0
April -0.3% -2.6
May -1.0% -3.9
June -1.0% -3.9
July -1.2% -4.3
August -0.8% -3.7
September -0.9% -3.8
October -0.8% -3.4
November 0.0% -1.5
December 0.3% -0.4
Average -0.5%

Data source

Data from OECD. Last updated: 11/01/2026.

See also