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 CHF 100 this year will cost approximately CHF 99.30 next year at this inflation rate.

Multi-year trend

Monthly figures 2012

Inflation by category

Food and non-alcoholic beverages
-1.0%
-0.3 vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
1.1%
+1.8 vs avg.
More details →
Clothing and footwear
-5.9%
-5.2 vs avg.
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Housing, water, electricity, gas and other fuels
0.8%
+1.5 vs avg.
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Furnishings, household equipment and maintenance
-1.8%
-1.1 vs avg.
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Health
-0.3%
+0.4 vs avg.
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Transport
-2.2%
-1.5 vs avg.
More details →
Communication
-0.6%
+0.1 vs avg.
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Recreation and culture
-2.8%
-2.1 vs avg.
More details →
Education
1.7%
+2.4 vs avg.
More details →
Restaurants and hotels
0.6%
+1.3 vs avg.
More details →
Miscellaneous goods and services
0.2%
+0.9 vs 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: 13/01/2026.

See also