Inflation Rate Trends and Forecast for Switzerland from 1990 to 2029

Inflation Rate Trends and Forecast for Switzerland from 1990 to 2029

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TGM StatBox. (2024). Inflation Rate Trends and Forecast for Switzerland from 1990 to 2029. TGM StatBox.
Chart Details
Timeframe: 1990-2029
Country: Switzerland
Published date: 2024
Note: The Inflation rate (average consumer prices), as defined by the International Monetary Fund (IMF), measures the annual percentage change in the average level of prices of goods and services consumed by households.
Key Takeaways
Switzerland's inflation peaked at 5.9% in 1991 due to global economic conditions but has remained low for most of the period, averaging less than 2%. Deflation was notable in 2009 (-0.5%) and 2015 (-1.1%), driven by a strong Swiss franc and subdued global demand. Inflation rose to 2.8% in 2022, influenced by global price increases.

Forecasts indicate inflation will stabilize at 1.2% from 2026, reflecting Switzerland's strong monetary policy framework and economic resilience.

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