Inflation Switzerland 2018
Average inflation: 0.9%
Current Inflation
Inflation is very low at 0.9%, well below the ECB target.
Peak and Trough
The highest inflation was in July at 1.2%. The lowest inflation was in February at 0.6%.
- Highest month
- July: 1.2%
- Lowest month
- February: 0.6%
- Difference
- 0.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Transport with an average of 2.7%. The lowest price increase was in Health with an average of -1.0%.
- Highest increase
- Transport: 2.7%
- Lowest increase
- Health: -1.0%
Historical Context
Current inflation is 0.9% higher than the 5-year average of -0.0%.
- 5-year average
- 0%
- 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 2017, inflation has risen by +0.4 percentage point.
- Change vs. previous year
- +0.4 percentage points
- Largest monthly swing
- June: +0.9 percentage points
ECB Target
Inflation is 1.1% 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 €100.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2018
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2017 |
|---|---|---|
| January | 0.7% | +0.4 |
| February | 0.6% | 0.0 |
| March | 0.8% | +0.2 |
| April | 0.8% | +0.4 |
| May | 1.0% | +0.5 |
| June | 1.1% | +0.9 |
| July | 1.2% | +0.9 |
| August | 1.2% | +0.7 |
| September | 1.0% | +0.3 |
| October | 1.1% | +0.4 |
| November | 0.9% | +0.1 |
| December | 0.7% | -0.1 |
| Average | 0.9% |
Data source
Data from OECD. Last updated: 11/01/2026.