Inflation Switzerland 2012

Average inflation: -0.7%

Current Inflation

There is deflation with consumer prices declining by 0.7%.

Peak and Trough

The highest inflation was in October at -0.2%. The lowest inflation was in June at -1.1%.

Highest month
October: -0.2%
Lowest month
June: -1.1%
Difference
0.9 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Education with an average of 1.7%. The lowest price increase was in Clothing and footwear with an average of -5.9%.

Highest increase
Education: 1.7%
Lowest increase
Clothing and footwear: -5.9%

Historical Context

Current inflation is 1.1% lower than the 5-year average of 0.4%.

5-year average
0.4%
10-year average
0.7%
All-time high (2008)
2.4%
All-time low (2012)
-0.7%

Trend

Inflation shows a downward trend. Compared to 2011, inflation has fallen by +1.0 percentage point.

Change vs. previous year
-1.0 percentage points
Largest monthly swing
March: -2.0 percentage points

ECB Target

Inflation is 2.7% 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 €99.30 next year at this inflation rate.

Multi-year trend

Monthly figures 2012

Inflation by category

Food and non-alcoholic beverages
-1.0%
-0.3vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
1.1%
+1.8vs avg.
More details →
Clothing and footwear
-5.9%
-5.2vs avg.
More details →
Housing, water, electricity, gas and other fuels
0.8%
+1.5vs avg.
More details →
Furnishings, household equipment and maintenance
-1.8%
-1.1vs avg.
More details →
Health
-0.3%
+0.4vs avg.
More details →
Transport
-2.2%
-1.5vs avg.
More details →
Communication
-0.6%
+0.1vs avg.
More details →
Recreation and culture
-2.8%
-2.1vs avg.
More details →
Education
1.7%
+2.4vs avg.
More details →
Restaurants and hotels
0.6%
+1.3vs avg.
More details →
Miscellaneous goods and services
0.2%
+0.9vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2011
January -0.8% -1.1
February -0.9% -1.4
March -1.0% -2.0
April -1.0% -1.3
May -1.0% -1.4
June -1.1% -1.7
July -0.7% -1.2
August -0.5% -0.7
September -0.4% -0.9
October -0.2% -0.1
November -0.4% +0.1
December -0.4% +0.3
Average -0.7%

Data source

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

See also