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 CHF 100 this year will cost approximately CHF 99.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2009
Inflation by category
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: 13/01/2026.