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Inflation Rate (CPI/HICP) (CHF)

Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.

Latest reading: 0.1 y/y % change · Last updated: · Source: FSO/BFS

Category: Economy

API Endpoint

/api/v1/announcements/chf/inflation

Use the production OpenAPI schema for the authoritative REST route metadata.

https://fxmacrodata.com/api/openapi.json

Browse the full endpoint reference

Compare Inflation Rate (CPI/HICP) across all supported currencies →

Optional Indicator Availability (CHF)

Optional indicators use per-currency fetcher capability checks and may be temporarily hidden while source coverage is being remediated.

foreign_reserves
Available
cb_assets
Available
inflation_mom
Unavailable Not implemented on this currency fetcher yet.

About Inflation Rate (CPI/HICP) (CHF)

Switzerland's headline Consumer Price Index (CPI) measures the monthly change in the price level of a representative basket of consumer goods and services. It is the primary inflation measure monitored by the Swiss National Bank.

Why FX traders watch it

Central banks, including the Swiss National Bank, set policy rates in response to inflation. An above-target CPI print increases the probability of a rate hike, which is typically chf-positive, while below-target inflation raises rate-cut odds and can weaken the currency.

How to interpret the data

An inflation reading above consensus or above the Swiss National Bank's target band is hawkish and supports the chf. A downside surprise is dovish and tends to weigh on the currency, particularly when inflation has been trending lower for several months.

Historical Inflation Rate (CPI/HICP) (CHF)

Source: FSO/BFS  ·  Monthly  ·  y/y % change

Data provided by FXMacroData via the /api/v1/announcements/chf/inflation endpoint. For access, see pricing.

Data Source

Primary Source

FSO/BFS

Official Series ID

CPI_YoY

Data Format and Properties

Data Frequency

Monthly

Unit of Measure

y/y % change

JSON Response Structure

The endpoint returns a chronological list of observations in JSON format. 

{
    "currency": "CHF",
    "indicator": "inflation",
    "has_official_forecast": false,
    "start_date": "2023-01-01",
    "end_date": "2023-12-31",
    "data": [
        {
            "date": "2024-07-01",
            "val": 4.2,
            "announcement_datetime": 1722456000
        }
    ]
}

Request Parameters & Usage

Parameter Required Format Description
start_date NO YYYY-MM-DD Optional lower bound for the requested history.
end_date NO YYYY-MM-DD Optional upper bound. Defaults to the current date.
api_key CONDITIONAL string Required for non-USD announcement requests. USD announcement requests are public without an API key.

Example Usage

To retrieve Inflation Rate (CPI/HICP) data for CHF from 2023: 

GET https://fxmacrodata.com/api/v1/announcements/chf/inflation?start_date=2023-01-01&end_date=2023-12-31&api_key=YOUR_API_KEY

Frequently Asked Questions

What is the Swiss National Bank's inflation target?
Most major central banks target annual inflation near 2%. Check the Swiss National Bank's current monetary policy statement for the official target.
How is headline CPI different from core CPI?
Headline CPI includes all items, notably food and energy, which are volatile. Core CPI strips these out to give a cleaner read of underlying price pressure.
Which currency endpoint serves Switzerland CPI data?
Historical CPI data for Switzerland is available at /api/v1/announcements/chf/inflation.