Inflation Switzerland 2014

Average inflation: 0.0%

Current Inflation

Inflation is very low at 0.0%, well below the ECB target.

Peak and Trough

The highest inflation was in May at 0.2%. The lowest inflation was in December at -0.3%.

Highest month
May: 0.2%
Lowest month
December: -0.3%
Difference
0.5 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Education with an average of 1.6%. The lowest price increase was in Communication with an average of -2.3%.

Highest increase
Education: 1.6%
Lowest increase
Communication: -2.3%

Historical Context

Current inflation is around the 5-year average of 0.0%.

5-year average
0%
10-year average
0.5%
All-time high (2008)
2.4%
All-time low (2012)
-0.7%

Trend

Inflation has remained relatively stable. Compared to 2013, the difference is minimal (+0.2 percentage point).

Change vs. previous year
+0.2 percentage points
Largest monthly swing
May: +0.7 percentage points

ECB Target

Inflation is 2.0% 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 €100 this year will cost approximately €100.00 next year at this inflation rate.

Multi-year trend

Monthly figures 2014

Inflation by category

Food and non-alcoholic beverages
0.9%
+0.9vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
1.0%
+1.0vs avg.
More details →
Clothing and footwear
-1.3%
-1.3vs avg.
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Housing, water, electricity, gas and other fuels
1.0%
+1.0vs avg.
More details →
Furnishings, household equipment and maintenance
-1.0%
-1.0vs avg.
More details →
Health
-0.9%
-0.9vs avg.
More details →
Transport
-1.2%
-1.2vs avg.
More details →
Communication
-2.3%
-2.3vs avg.
More details →
Recreation and culture
0.1%
+0.1vs avg.
More details →
Education
1.6%
+1.6vs avg.
More details →
Restaurants and hotels
0.8%
+0.8vs avg.
More details →
Miscellaneous goods and services
-0.8%
-0.8vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2013
January 0.1% +0.4
February -0.1% +0.2
March 0.0% +0.6
April 0.0% +0.6
May 0.2% +0.7
June 0.0% +0.1
July 0.0% 0.0
August 0.1% +0.1
September -0.1% 0.0
October 0.0% +0.3
November -0.1% -0.2
December -0.3% -0.4
Average 0.0%

Data source

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

See also