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Swiss Consumer Price Index in January 2019: +0.6 percent YoY, -0.3 percent MoM

11.02.2019 – The consumer price index (CPI) fell by 0.3% in January 2019 compared with the previous month, reach-ing 101.3 points (December 2015 = 100). Inflation was 0.6% compared with the same month of the pre-vious year. These are the results of the Federal Statistical Office (FSO).

The decrease of 0.3% compared with the previous month can be explained by several factors including falling prices for clothing and footwear due to seasonal sales. The prices of heating oil also declined, along with prices for medicines. In contrast, prices for hotel accommodation and for electricity increased.

Switzerland Consumer Price Index (CPI) YoY, January 2018

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Switzerland Consumer Price Index (CPI) YoY, January 2018

Source: Investing.com - Click to enlarge

Download press release: Consumer prices fell by 0.3% in January

German Text:

Die Konsumentenpreise sind im Januar um 0,3% gefallen

Der Landesindex der Konsumentenpreise (LIK) sank im Januar 2019 im Vergleich zum Vormonat um 0,3% und erreichte den Stand von 101,3 Punkten (Dezember 2015 = 100). Gegenüber dem entsprechenden Vorjahresmonat betrug die Teuerung 0,6%. Dies geht aus den Zahlen des Bundesamtes für Statistik (BFS) hervor.

Der Rückgang um 0,3% im Vergleich zum Vormonat ist auf verschiedene Faktoren zurückzuführen, unter anderem auf die im Rahmen des Ausverkaufs reduzierten Preise für Bekleidung und Schuhe. Auch die Preise für Heizöl sind gesunken, ebenso wie jene für Medikamente. Gestiegen sind hingegen die Preise für Hotelübernachtungen und jene für Elektrizität.

- Click to enlarge

Full story here
Swiss Statistics
The Swiss Federal Statistics Office publishes information on the situation and developments in Switzerland in a multitude of fields and plays a part in enabling comparisons at an internal level.
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