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Switzerland Inflation Rate (CPI/HICP)
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.
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Why Inflation Rate (CPI/HICP) matters for CHF
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 this series
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)
Source: FSO. Cadence: Monthly. Unit: %YoY. History from 2010-01-01 (16.5 years).
Recent announcements
Each release gets a durable child page so data, forecast, previous value, and raw fields can be cited directly.
Related Switzerland indicators
Move to adjacent releases in the same macro category.
Business Confidence
Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.
Consumer Confidence
Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.
Core Inflation
CPI excluding volatile items like food and energy.
Current Account Balance
Measures trade in goods and services and income flows.
Exports of Goods & Services
Total exports reported by ABS (AUD millions), quarterly based on national accounts.
Gross Domestic Product (GDP) Growth
GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.
Imports of Goods & Services
Total imports reported by ABS (AUD millions), quarterly based on national accounts.
Producer Price Index (PPI)
Measures the average change over time in the selling prices received by domestic producers for their output.
Retail Sales
Measures change in the total value of sales at the retail level.
Trade Balance
The difference between the value of a country's exports and imports.
Common questions
Editorial context for readers and AI agents using this page as a cited country indicator source.
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.