Tag Archives: Swiss inflation

Comparing the most recent statistics on Swiss consumer inflation to those in 1993 reveals a steep drop in the percentage of spending allocated to food. © Tero Vesalainen | Dreamstime.com When statisticians calculate consumer price rises they look at the prices of a standard basket of goods. In 1993, food and non-alcoholic beverages made up 14.3% of the value of this standard basket. By 2018, the percentage had fallen to 10.4%, a 27% drop. The chart below compares the percentages spent on food...

Macroview SNB likely to keep negative deposit rate until end of ECB’s asset buying programme, and focus on forex intervention to control upward pressure on franc. The Swiss National Bank (SNB) decided on September 15 to maintain its interest rate on sight deposits unchanged at -0.75%.In its quarterly monetary policy assessment, the SNB highlighted once again the Swiss franc’s overvaluation and reiterated its willingness to intervene on the foreign exchange market if needed.The central bank...

08.08.2016 09:15  – FSO, Prices (0353-1607-40) Swiss Consumer Price Index in July 2016 Consumer prices fall by 0.4% Neuchâtel, 08.08.2016 (FSO) – The Swiss Consumer Price Index (CPI) fell by 0.4% in July 2016 compared with the previous month, reaching 100.3 points (December 2015=100). Inflation was -0.2% in comparison with the same month in the previous year. These are the findings of the Federal Statistical Office...

14.07.2016 09:15  – FSO, Prices (0353-1607-00) Producer and Import Price Index in June 2016 0.1% rise in Producer and Import Price Index Neuchâtel, 14.07.2016 (FSO) – The Producer and Import Price Index rose in June 2016 by 0.1% compared with the previous month, reaching 99.9 points (base December 2015 = 100). Whereas the Producer Price Index declined by 0.2%, the Import Price Index rose by 0.8%. The slight increase...

07.07.2016 09:15  – FSO, Prices (0353-1606-90) Swiss Consumer Price Index in June 2016 Consumer prices increase by 0.1% Neuchâtel, 07.07.2016 (FSO) – The Swiss Consumer Price Index (CPI) increased by 0.1% in June 2016 compared with the previous month, reaching 100.7 points (December 2015=100). Inflation was -0.4% in comparison with the same month in the previous year. These are the findings of the Federal Statistical...

14.06.2016 09:15  – FSO, Prices (0353-1606-10) Producer and Import Price Index in May 2016 0.4% rise in Producer and Import Price Index Neuchâtel, 14.06.2016 (FSO) – The Producer and Import Price Index rose in May 2016 by 0.4% compared with the previous month, reaching 99.7 points (base December 2015 = 100). This was primarily attributable to higher prices for scrap and petroleum products. Compared with May 2015,...

08.06.2016 09:15  – FSO, Prices (0353-1606-00) Swiss Consumer Price Index in May 2016 For the third time in a row, prices in Switzerland increased against the previous month. Inflation was -0.4% against last year. Still in 2015 yearly inflation was mostly around -1.5% y/y. Now yearly HCPI inflation is -0.5%. Will this rising price tendency continue? It will be surely a problem for the SNB. They might need a stronger...

The sector that got hit most by the sudden appreciation of the Swiss franc, was industrial production. They must compete with Germany, that benefits of the weak euro. The newest data from March show that this sector recovered. This opens the question again, if the Swiss franc is really overvalued. Certainly not against the dollar, other sectors like pharmaceuticals and chemicals export at lot to the United States. Further explanations on this press release: The secondary sector...

17.05.2016 09:15  – FSO, Prices (0353-1605-20) Producer and Import Price Index in April 2016 0.3% rise in Producer and Import Price Index Neuchâtel, 17.05.2016 (FSO) – The Producer and Import Price Index rose in April 2016 by 0.3% compared with the previous month, reaching 99.3 points (base December 2015 = 100). Whereas the Producer Price Index increased by 0.2%, the Import Price Index rose by 0.4%. The rise is due in particular to higher prices for petroleum products. Compared with April...

09.05.2016 09:15  – FSO, Prices (0353-1604-90) Swiss Consumer Price Index in April 2016 Consumer prices increase by 0.3% Neuchâtel, 09.05.2016 (FSO) – The Swiss Consumer Price Index increased by 0.3% in April 2016 compared with the previous month, reaching 100.4 points (December 2015=100). Inflation was -0.4% in comparison with the same month in the previous year. These are the findings of the Federal Statistical Office (FSO). Download this press release (pdf, 129 KB) Bericht CD Bund...