Inflation Switzerland 2016
Average inflation: -0.4%
Current Inflation
There is deflation with consumer prices declining by 0.4%.
Peak and Trough
The highest inflation was in December at 0.0%. The lowest inflation was in January at -1.3%.
- Highest month
- December: 0.0%
- Lowest month
- January: -1.3%
- Difference
- 1.3 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Clothing and footwear with an average of 1.3%. The lowest price increase was in Transport with an average of -2.4%.
- Highest increase
- Clothing and footwear: 1.3%
- Lowest increase
- Transport: -2.4%
Historical Context
Current inflation is around the 5-year average of -0.5%.
- 5-year average
- -0.5%
- 10-year average
- 0.1%
- All-time high (2008)
- 2.4%
- All-time low (2015)
- -1.1%
Trend
Inflation has remained relatively stable. Compared to 2015, the difference is minimal (+0.7 percentage point).
- Change vs. previous year
- +0.7 percentage points
- Largest monthly swing
- December: +1.3 percentage points
ECB Target
Inflation is 2.4% 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 €99.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2016
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2015 |
|---|---|---|
| January | -1.3% | -0.8 |
| February | -0.8% | 0.0 |
| March | -0.9% | 0.0 |
| April | -0.4% | +0.7 |
| May | -0.4% | +0.8 |
| June | -0.4% | +0.6 |
| July | -0.2% | +1.1 |
| August | -0.1% | +1.3 |
| September | -0.2% | +1.2 |
| October | -0.2% | +1.2 |
| November | -0.3% | +1.1 |
| December | 0.0% | +1.3 |
| Average | -0.4% |
Data source
Data from OECD. Last updated: 11/01/2026.