| 03.12.2019 – The consumer price index (CPI) fell by 0.1% in November 2019 compared with the previous month, reaching 101.7 points (December 2015 = 100). Inflation was –0.1% compared with the same month of the previous year. These are the results of the Federal Statistical Office (FSO). The decrease of 0.1% compared with the previous month can be explained by several factors including falling prices for international package holidays and hotel accommodation. The prices of fruiting vegetables and heating oil also declined. In contrast, housing rentals and prices for bedroom furniture increased. |
Switzerland Consumer Price Index (CPI) YoY, November 2019(see more posts on Switzerland Consumer Price Index, ) Source: investing.com - Click to enlarge |
Harmonised Index of Consumer Prices (HICP)In November 2019, the Swiss Harmonised Index of Consumer Prices (HICP) stood at 100.92 points (base 2015=100). This corresponds to a rate of change of –0.4% compared with the previous month and of –0.3% 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 European Statistical Office, Eurostat, publishes the results 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. Eurostat will publish the November 2019 HICP indices for the other European countries on 18 December 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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Tags: newsletter,Switzerland Consumer Price Index
