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 CHF 100 this year will cost approximately CHF 98.90 next year at this inflation rate.

Multi-year trend

Monthly figures 2015

Inflation by category

Food and non-alcoholic beverages
-0.8%
+0.3 vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
0.0%
+1.1 vs avg.
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Clothing and footwear
0.3%
+1.4 vs avg.
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Housing, water, electricity, gas and other fuels
-0.7%
+0.5 vs avg.
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Furnishings, household equipment and maintenance
-2.1%
-1.0 vs avg.
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Health
-0.4%
+0.7 vs avg.
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Transport
-4.4%
-3.3 vs avg.
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Communication
-0.8%
+0.3 vs avg.
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Recreation and culture
-1.9%
-0.8 vs avg.
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Education
1.2%
+2.3 vs avg.
More details →
Restaurants and hotels
-0.0%
+1.1 vs avg.
More details →
Miscellaneous goods and services
-0.8%
+0.3 vs 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: 13/01/2026.

See also