Inflation Switzerland 2017
Average inflation: 0.5%
Current Inflation
Inflation is very low at 0.5%, well below the ECB target.
Peak and Trough
The highest inflation was in November at 0.8%. The lowest inflation was in June at 0.2%.
- Highest month
- November: 0.8%
- Lowest month
- June: 0.2%
- Difference
- 0.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Clothing and footwear with an average of 2.8%. The lowest price increase was in Furnishings, household equipment and maintenance with an average of -1.8%.
- Highest increase
- Clothing and footwear: 2.8%
- Lowest increase
- Furnishings, household equipment and maintenance: -1.8%
Historical Context
Current inflation is 0.7% higher than the 5-year average of -0.2%.
- 5-year average
- -0.2%
- 10-year average
- 0.1%
- All-time high (2008)
- 2.4%
- All-time low (2015)
- -1.1%
Trend
Inflation shows an upward trend. Compared to 2016, inflation has risen by +0.9 percentage point.
- Change vs. previous year
- +0.9 percentage points
- Largest monthly swing
- January: +1.6 percentage points
ECB Target
Inflation is 1.5% 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 €100.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2017
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2016 |
|---|---|---|
| January | 0.3% | +1.6 |
| February | 0.6% | +1.4 |
| March | 0.6% | +1.5 |
| April | 0.4% | +0.8 |
| May | 0.5% | +0.9 |
| June | 0.2% | +0.6 |
| July | 0.3% | +0.5 |
| August | 0.5% | +0.6 |
| September | 0.7% | +0.9 |
| October | 0.7% | +0.9 |
| November | 0.8% | +1.1 |
| December | 0.8% | +0.8 |
| Average | 0.5% |
Data source
Data from OECD. Last updated: 11/01/2026.