Inflation Swiss inflation fell slightly to 0.1 percent in October
Annual inflation in Switzerland fell slightly in October. Compared to the previous month of September, prices fell significantly on average.
03.11.2025, 08:35
SDA
Specifically, annual inflation in October was 0.1 percent after 0.2 percent in the previous month, as reported by the Federal Statistical Office (FSO) on Monday. This means that the figure is back at the same level as in June, after which it was +0.2% for three consecutive months. In May, it even briefly slipped slightly into negative territory.
October inflation was therefore at the lower end of expectations. Experts surveyed by the news agency AWP had previously expected a figure of between +0.1 and +0.4 percent.
Inflation for domestic goods is still clearly higher. Here, consumer prices were 0.5% higher in the month under review compared to the same month last year. At the same time, annual inflation for imported goods was down even more sharply at -1.3% than in September (-0.9%). Core inflation - excluding fresh and seasonal products, energy and fuel - was +0.5% in October (September +0.7%).
Compared to the previous month, the national consumer price index (CPI) fell by 0.3% to 107.2 points in the month under review. According to the FSO, this decline is attributable to various factors, including lower prices in the hotel industry and for package tours abroad. Prices for the rental of private transportation also fell. On the other hand, prices for clothing and shoes rose, as did those for maintenance and caretaking.
