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Swiss Consumer Price Index in August 2019: +0.3 percent YoY, Unchanged MoM

03.09.2019 – The consumer price index (CPI) remained stable in August 2019 compared with the previous month, reaching 102.1 points (December 2015 = 100). Inflation was +0.3% compared with the same month of the previous year. These are the results of the Federal Statistical Office (FSO).
The stability of the index compared with the previous month is the result of opposing trends that counterbalanced each other overall. Airfares as well as prices for international package holidays and in-patient hospital services decreased. In contrast, prices for clothing, footwear and housing rental increased.

Switzerland Consumer Price Index (CPI) YoY, August 2019

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Switzerland Consumer Price Index (CPI) YoY, August 2019

Source: Investing.com - Click to enlarge

You will find further information such as tables and graphs in the press release below.

Download press release Consumer prices remained stable in August

Harmonised Index of Consumer Prices (HICP)

In August 2019, the Swiss Harmonised Index of Consumer Prices (HICP) stood at 101.94 points (base 2015 = 100). This corresponds to a rate of change of +0.1% compared with the previous month and of +0.5% compared with the same month of the previous year.

The HICP is a supplementary indicator for inflation based on a harmonised method across EU member countries. It enables inflation in Switzerland to be compared with that of European countries. The results are published by the European Statistical Office, Eurostat, according to a predefined calendar. The FSO publishes a comparison between inflation in Switzerland and Europe on the webpage www.hicp.bfs.admin.ch. A methodological note, the 2019 weighting of the Swiss standard HICP basket and the FSO News publication on the HICP are also available on this page. The HICP indices for other European countries for August 2019 will be published by Eurostat on 18 September 2019. You will find the HICP results on the Eurostat website at the following address: https://ec.europa.eu/eurostat/web/hicp

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Indices and Change Rates in August 2019

Indices and Change Rates in August 2019

- 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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