Switzerland Inflation Rate (CPI YoY %) - Historical Data
Year-on-year percentage change in the headline Consumer Price Index (CPI) for Switzerland from 1922 to 2026, compiled from the BIS Long Consumer Prices archive (WS_LONG_CPI). The latest inflation rate is 0.81% (Aug 2026) compared with the Swiss National Bank official target of 0.0%-2.0% Price Stability Range.
Embed this interactive chart on your website or article:
Current Statistics & Historical Records
Latest Reading (Aug 2026)
0.81%
Prev (Jul 2026): 0.35%+0.46 pp
Highest Recorded (Aug 1941)
17.68%
Peak consumer price inflation rate in Switzerland (Swiss National Bank mandate: 0.0%-2.0% Price Stability Range).
Lowest Recorded (May 1922)
-21.54%
Lowest recorded CPI inflation / deflation reading in Switzerland.
Long-Run Mean (1922–2026)
1.66%
105 annual observations · Monthly
Swiss National Bank · CHF
Switzerland Inflation Rate (CPI YoY %) (1922-2026)
% YoYDrag to pan, scroll to zoom, or toggle between full archive (1922–2026) and recent monthly observations.
Loading interactive monetary series chart...
Source: Bank for International Settlements (BIS) & National Statistical Office (WS_LONG_CPI:M:CH:771)
Latest: 0.81% (Aug 2026)
Switzerland Inflation Rate Averages by Decade
Decadal mean, peak, and trough across the 1922–2026 archive
| Decade | Years Covered | Decade Mean | Decade High (Year) | Decade Low (Year) |
|---|---|---|---|---|
| 1920s | 1922–1929 | -2.42% | 3.04% (1924) | -18.08% (1922) |
| 1930s | 1930–1939 | -1.47% | 4.84% (1937) | -7.79% (1932) |
| 1940s | 1940–1949 | 4.99% | 15.32% (1941) | -0.82% (1949) |
| 1950s | 1950–1959 | 0.50% | 4.77% (1951) | -7.91% (1950) |
| 1960s | 1960–1969 | 3.13% | 4.78% (1966) | 1.44% (1960) |
| 1970s | 1970–1979 | 4.98% | 9.78% (1974) | 1.04% (1978) |
| 1980s | 1980–1989 | 3.27% | 6.48% (1981) | 0.75% (1986) |
| 1990s | 1990–1999 | 2.34% | 5.86% (1991) | 0.02% (1998) |
| 2000s | 2000–2009 | 0.95% | 2.43% (2008) | -0.48% (2009) |
| 2010s | 2010–2019 | 0.03% | 0.94% (2018) | -1.14% (2015) |
| 2020s | 2020–2026 | 0.92% | 2.83% (2022) | -0.72% (2020) |
Complete Annual Historical Ledger (1922–2026)
Unit: % YoY · Source: Bank for International Settlements (BIS) & National Statistical Office (WS_LONG_CPI:M:CH:771)
| Year | Annual Value (% YoY) | Intra-Year Range (Min – Max) | Monetary Regime & Historical Context |
|---|---|---|---|
| 2026 | 0.42% | 0.06% – 0.81% | - |
| 2025 | 0.15% | -0.10% – 0.40% | Post-tightening monetary recalibration across advanced and emerging central banks |
| 2024 | 1.06% | 0.62% – 1.39% | G10 policy rates peak and pivot toward gradual monetary normalization |
| 2023 | 2.14% | 1.44% – 3.37% | - |
| 2022 | 2.83% | 1.65% – 3.45% | Global inflation surge triggers fastest synchronized rate hiking cycle in four decades |
| 2021 | 0.58% | -0.54% – 1.53% | - |
| 2020 | -0.72% | -1.32% – 0.20% | COVID-19 pandemic emergency rate cuts and record balance sheet expansion |
| 2019 | 0.36% | -0.25% – 0.73% | - |
| 2018 | 0.94% | 0.63% – 1.23% | - |
| 2017 | 0.54% | 0.20% – 0.84% | - |
| 2016 | -0.43% | -1.27% – -0.01% | Bank of Japan introduces Yield Curve Control (YCC); post-Brexit BoE easing |
| 2015 | -1.14% | -1.44% – -0.49% | - |
| 2014 | -0.01% | -0.33% – 0.22% | ECB and European peers introduce Negative Interest Rate Policy (NIRP) |
| 2013 | -0.22% | -0.63% – 0.08% | - |
| 2012 | -0.69% | -1.05% – -0.22% | - |
| 2011 | 0.23% | -0.71% – 1.00% | European Sovereign Debt Crisis and Swiss franc safe-haven surge |
| 2010 | 0.69% | 0.19% – 1.40% | - |
| 2009 | -0.48% | -1.18% – 0.28% | - |
| 2008 | 2.43% | 0.70% – 3.07% | Global Financial Crisis drives major central banks to the zero lower bound and QE1 |
| 2007 | 0.73% | -0.01% – 2.00% | - |
| 2006 | 1.06% | 0.26% – 1.56% | - |
| 2005 | 1.17% | 0.68% – 1.44% | - |
| 2004 | 0.80% | -0.10% – 1.52% | - |
| 2003 | 0.64% | 0.27% – 1.34% | - |
| 2002 | 0.64% | -0.05% – 1.24% | - |
| 2001 | 0.99% | 0.29% – 1.77% | Dot-com bust and synchronized G10 monetary easing cycle |
| 2000 | 1.56% | 1.12% – 1.91% | - |
| 1999 | 0.81% | 0.07% – 1.67% | Launch of the Euro and establishment of the European Central Bank (ECB) |
| 1998 | 0.02% | -0.17% – 0.14% | - |
| 1997 | 0.52% | 0.26% – 0.85% | Asian Financial Crisis triggers emergency EM currency defense hikes |
| 1996 | 0.81% | 0.57% – 1.52% | - |
| 1995 | 1.80% | 1.01% – 2.08% | - |
| 1994 | 0.85% | 0.36% – 2.08% | Global bond market selloff and pre-emptive Federal Reserve tightening cycle |
| 1993 | 3.30% | 2.24% – 3.79% | - |
| 1992 | 4.04% | 3.29% – 4.87% | European Exchange Rate Mechanism (ERM) crisis and Black Wednesday |
| 1991 | 5.86% | 5.13% – 6.57% | - |
| 1990 | 5.40% | 4.62% – 6.35% | German reunification tightening and Japanese asset bubble peak |
| 1989 | 3.15% | 2.25% – 5.02% | - |
| 1988 | 1.87% | 1.56% – 2.24% | - |
| 1987 | 1.44% | 0.66% – 2.10% | Louvre Accord and Black Monday central bank liquidity provision |
| 1986 | 0.75% | -0.10% – 2.20% | - |
| 1985 | 3.44% | 2.95% – 4.01% | Plaza Accord coordinated G5 currency intervention depreciates USD |
| 1984 | 2.93% | 2.66% – 3.36% | - |
| 1983 | 2.96% | 1.42% – 4.78% | - |
| 1982 | 5.66% | 4.74% – 6.20% | - |
| 1981 | 6.48% | 5.10% – 7.48% | Volcker disinflation peak pushes benchmark policy rates to postwar highs |
| 1980 | 4.03% | 3.25% – 5.11% | - |
| 1979 | 3.63% | 1.06% – 5.22% | Second oil shock; Paul Volcker appointed Federal Reserve Chair |
| 1978 | 1.04% | 0.41% – 1.62% | - |
| 1977 | 1.30% | 0.90% – 1.75% | - |
| 1976 | 1.72% | 0.91% – 3.43% | - |
| 1975 | 6.74% | 3.45% – 9.24% | - |
| 1974 | 9.78% | 7.55% – 11.57% | First OPEC oil shock triggers global stagflation and steep policy rate hikes |
| 1973 | 8.73% | 7.37% – 11.92% | - |
| 1972 | 6.66% | 6.27% – 7.31% | - |
| 1971 | 6.57% | 5.79% – 6.98% | Nixon Shock suspends USD gold convertibility; Bretton Woods system ends |
| 1970 | 3.61% | 2.12% – 5.44% | - |
| 1969 | 2.49% | 2.23% – 3.03% | - |
| 1968 | 2.42% | 1.24% – 3.82% | - |
| 1967 | 4.03% | 3.48% – 4.79% | - |
| 1966 | 4.78% | 3.97% – 5.41% | Credit crunch of 1966 and monetary tightening |
| 1965 | 3.41% | 2.22% – 4.91% | - |
| 1964 | 3.09% | 2.29% – 3.71% | - |
| 1963 | 3.44% | 2.90% – 3.96% | - |
| 1962 | 4.32% | 3.14% – 4.99% | - |
| 1961 | 1.84% | 1.15% – 3.52% | - |
| 1960 | 1.44% | -0.28% – 2.11% | - |
| 1959 | -0.64% | -1.37% – 0.55% | - |
| 1958 | 1.84% | 0.88% – 2.41% | Eisenhower recession and global monetary easing |
| 1957 | 1.96% | 1.54% – 2.61% | - |
| 1956 | 1.51% | 0.12% – 2.19% | - |
| 1955 | 0.93% | 0.35% – 1.53% | - |
| 1954 | 0.73% | -0.06% – 1.65% | Post-Korean War Federal Reserve policy rate normalization |
| 1953 | -0.70% | -0.93% – -0.35% | - |
| 1952 | 2.55% | 0.00% – 5.05% | - |
| 1951 | 4.77% | 2.14% – 6.34% | - |
| 1950 | -7.91% | -8.91% – -6.37% | - |
| 1949 | -0.82% | -2.36% – 0.06% | - |
| 1948 | 2.98% | 0.22% – 5.32% | - |
| 1947 | 4.49% | 2.66% – 5.33% | - |
| 1946 | -0.54% | -2.01% – 2.56% | - |
| 1945 | 0.68% | -0.72% – 1.41% | - |
| 1944 | 2.10% | 1.41% – 2.48% | - |
| 1943 | 5.12% | 2.86% – 7.78% | - |
| 1942 | 11.31% | 8.05% – 15.35% | - |
| 1941 | 15.32% | 12.65% – 17.68% | - |
| 1940 | 9.22% | 5.56% – 12.61% | - |
| 1939 | 0.77% | -1.02% – 3.73% | - |
| 1938 | 0.18% | -0.65% – 3.22% | - |
| 1937 | 4.84% | 2.93% – 5.46% | - |
| 1936 | 1.77% | 1.16% – 2.61% | - |
| 1935 | -1.02% | -2.54% – 0.93% | - |
| 1934 | -1.49% | -1.90% – -0.99% | - |
| 1933 | -5.04% | -7.17% – -2.31% | - |
| 1932 | -7.79% | -8.58% – -7.18% | - |
| 1931 | -5.23% | -7.30% – -3.11% | - |
| 1930 | -1.72% | -3.28% – -0.43% | - |
| 1929 | 0.11% | -0.50% – 0.93% | - |
| 1928 | 0.46% | -0.12% – 1.33% | - |
| 1927 | -1.14% | -3.38% – 0.81% | - |
| 1926 | -3.61% | -4.34% – -2.30% | - |
| 1925 | -0.32% | -2.51% – 0.83% | - |
| 1924 | 3.04% | 1.66% – 5.39% | - |
| 1923 | 0.18% | -12.17% – 4.79% | - |
| 1922 | -18.08% | -21.54% – -12.62% | - |
Frequently Asked Questions - Switzerland Inflation Rate
What is the current inflation rate in Switzerland?
As of Aug 2026, headline consumer price inflation in Switzerland is 0.81% year-on-year, compared to the Swiss National Bank target of 0.0%-2.0% Price Stability Range.
What was the highest inflation rate recorded in Switzerland?
In the 1922-2026 series, Switzerland CPI inflation peaked at 17.68% in Aug 1941 and reached a low of -21.54% in May 1922.
Statistical Provenance
Source Metadata & Methodology Notes
- Primary Institution:
- Bank for International Settlements (BIS) & National Statistical Office
- Dataset / Dataflow:
- BIS Long Series on Consumer Prices (WS_LONG_CPI)
- Canonical Series ID:
- WS_LONG_CPI:M:CH:771
- Reuse & License:
- Terms of permitted use of BIS statistics
- Unit of measure: Year-on-year percentage change in headline consumer price index (UNIT_MEASURE=771).
- Central bank benchmark target: 0.0%-2.0% Price Stability Range (Swiss National Bank).
- Annual table values represent annual average inflation across each calendar year.
Academic & Media Attribution
Cite This Dataset (APA & BibTeX)
APA 7th Edition
CentralBankData.com. (2026). Switzerland Inflation Rate (CPI YoY %), compiled from Bank for International Settlements (WS_LONG_CPI:M:CH:771). https://centralbankdata.com/switzerland-inflation-rate
BibTeX
@misc{cbd_cpi_switzerland,
author = {CentralBankData.com},
title = {Switzerland Consumer Price Inflation Rate},
note = {Compiled from Bank for International Settlements WS_LONG_CPI:M:CH:771},
year = {2026},
url = {https://centralbankdata.com/switzerland-inflation-rate}
}Related Swiss National Bank & Global Series
Full Swiss National Bank profile →Central Bank Interest Rates
Swiss National Bank Policy Interest Rate (Switzerland)
Sep 20260.00%
Central Bank Balance Sheets (USD)
Swiss National Bank Balance Sheet Total Assets (USD)
Jul 2026$1,148.00B
Central Bank Assets Share of GDP
Swiss National Bank Balance Sheet Share of GDP (Switzerland)
2026 Q1102.48%
Foreign Exchange & Gold Reserves
Switzerland Foreign Exchange & Gold Reserves (USD)
2025$1,075.68B
Real Effective Exchange Rates (REER)
Swiss Franc (CHF) Real Effective Exchange Rate (REER)
Sep 202698.37
Consumer Price Inflation Rates & Targets
United States Inflation Rate (CPI YoY %)
Aug 20263.40%