Inflation Switzerland 2015

Average inflation: -1.1%

Current Inflation

There is deflation with consumer prices declining by 1.1%.

Peak and Trough

The highest inflation was in January at -0.5%. The lowest inflation was in August at -1.4%.

Highest month
January: -0.5%
Lowest month
August: -1.4%
Difference
0.9 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Education with an average of 1.2%. The lowest price increase was in Transport with an average of -4.4%.

Highest increase
Education: 1.2%
Lowest increase
Transport: -4.4%

Historical Context

Current inflation is 0.8% lower than the 5-year average of -0.3%.

5-year average
-0.3%
10-year average
0.3%
All-time high (2008)
2.4%
All-time low (2015)
-1.1%

Trend

Inflation has remained relatively stable. Compared to 2014, the difference is minimal (-1.1 percentage point).

Change vs. previous year
-1.1 percentage points
Largest monthly swing
August: -1.5 percentage points

ECB Target

Inflation is 3.1% 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 €98.90 next year at this inflation rate.

Multi-year trend

Monthly figures 2015

Inflation by category

Food and non-alcoholic beverages
-0.8%
+0.3vs avg.
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Alcoholic beverages, tobacco and narcotics
0.0%
+1.1vs avg.
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Clothing and footwear
0.3%
+1.4vs avg.
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Housing, water, electricity, gas and other fuels
-0.7%
+0.5vs avg.
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Furnishings, household equipment and maintenance
-2.1%
-1.0vs avg.
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Health
-0.4%
+0.7vs avg.
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Transport
-4.4%
-3.3vs avg.
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Communication
-0.8%
+0.3vs avg.
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Recreation and culture
-1.9%
-0.8vs avg.
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Education
1.2%
+2.3vs avg.
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Restaurants and hotels
-0.0%
+1.1vs avg.
More details →
Miscellaneous goods and services
-0.8%
+0.3vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2014
January -0.5% -0.6
February -0.8% -0.7
March -0.9% -0.9
April -1.1% -1.1
May -1.2% -1.4
June -1.0% -1.0
July -1.3% -1.3
August -1.4% -1.5
September -1.4% -1.3
October -1.4% -1.4
November -1.4% -1.3
December -1.3% -1.0
Average -1.1%

Data source

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

See also