Consumer Price Index (LIK) in Switzerland

Oficina Federal de Estadistica de Suiza · Mensual · Importance 90

IMF forecast (WEO): 2026: 0.5% 2027: 0.5% 2028: 0.6% 2029: 0.7% 2030: 0.7% 2031: 0.7%

0.4% (Jul-26) YOY · % · Mensual · CSV

Period	%
Jul 2026	0.4%
Jun 2026	0.5%
May 2026	0.6%
Apr 2026	0.6%
Mar 2026	0.3%
Feb 2026	0.1%
Jan 2026	0.1%
Dec 2025	0.1%
Nov 2025	0.0%
Oct 2025	0.1%
Sep 2025	0.2%
Aug 2025	0.2%
Jul 2025	0.2%
Jun 2025	0.1%
May 2025	-0.1%
Apr 2025	0.0%
Mar 2025	0.3%
Feb 2025	0.3%
Jan 2025	0.4%
Dec 2024	0.6%
Nov 2024	0.7%
Oct 2024	0.6%
Sep 2024	0.8%
Aug 2024	1.1%
Jul 2024	1.3%
Jun 2024	1.3%
May 2024	1.4%
Apr 2024	1.4%
Mar 2024	1.0%
Feb 2024	1.2%
Jan 2024	1.3%
Dec 2023	1.7%
Nov 2023	1.4%
Oct 2023	1.7%
Sep 2023	1.7%
Aug 2023	1.6%
Jul 2023	1.6%
Jun 2023	1.7%
May 2023	2.2%
Apr 2023	2.6%
Mar 2023	2.9%
Feb 2023	3.4%
Jan 2023	3.3%
Dec 2022	2.8%
Nov 2022	3.0%
Oct 2022	3.0%
Sep 2022	3.3%
Aug 2022	3.5%
Jul 2022	3.4%
Jun 2022	3.4%
May 2022	2.9%
Apr 2022	2.5%
Mar 2022	2.4%
Feb 2022	2.2%
Jan 2022	1.6%
Dec 2021	1.5%
Nov 2021	1.5%
Oct 2021	1.2%
Sep 2021	0.9%
Aug 2021	0.9%

Period	%
Jul 2026	-0.1%
Jun 2026	0.0%
May 2026	0.2%
Apr 2026	0.3%
Mar 2026	0.2%
Feb 2026	0.6%
Jan 2026	-0.1%
Dec 2025	0.0%
Nov 2025	-0.2%
Oct 2025	-0.3%
Sep 2025	-0.2%
Aug 2025	-0.1%
Jul 2025	0.0%
Jun 2025	0.2%
May 2025	0.1%
Apr 2025	0.0%
Mar 2025	0.0%
Feb 2025	0.6%
Jan 2025	-0.1%
Dec 2024	-0.1%
Nov 2024	-0.1%
Oct 2024	-0.1%
Sep 2024	-0.3%
Aug 2024	0.0%
Jul 2024	-0.2%
Jun 2024	0.0%
May 2024	0.3%
Apr 2024	0.3%
Mar 2024	0.0%
Feb 2024	0.6%
Jan 2024	0.2%
Dec 2023	0.0%
Nov 2023	-0.2%
Oct 2023	0.1%
Sep 2023	-0.1%
Aug 2023	0.2%
Jul 2023	-0.1%
Jun 2023	0.1%
May 2023	0.3%
Apr 2023	0.0%
Mar 2023	0.2%
Feb 2023	0.7%
Jan 2023	0.6%
Dec 2022	-0.2%
Nov 2022	0.0%
Oct 2022	0.1%
Sep 2022	-0.2%
Aug 2022	0.3%
Jul 2022	0.0%
Jun 2022	0.5%
May 2022	0.7%
Apr 2022	0.4%
Mar 2022	0.6%
Feb 2022	0.7%
Jan 2022	0.2%
Dec 2021	-0.1%
Nov 2021	0.0%
Oct 2021	0.3%
Sep 2021	0.0%
Aug 2021	0.2%

About this indicator

Source	Swiss Federal Statistical Office
Frequency	Mensual
Release	En torno a mediados del mes siguiente al periodo de referencia (suele haber un dato preliminar y otro definitivo).
What it is	The Swiss Consumer Price Index (Landesindex der Konsumentenpreise, LIK) measures the change in the price of a representative basket of goods and services bought by households resident in Switzerland. Published monthly by the Federal Statistical Office (FSO), it is the country's main gauge of inflation.
How it's calculated	The FSO collects prices each month across a wide sample of outlets and regions and weights them by each product's share of household consumption spending. The result is an index on a base year (index 100), reported as year-on-year and month-on-month changes (%).
Market implications	It is the central reference for Swiss National Bank (SNB) monetary policy and shapes its policy-rate decisions. Switzerland runs structurally low inflation, so a hotter-than-expected print tends to support the franc and firm up rate expectations.
Limitations	It captures only the prices of items in the basket rather than the whole economy, and the strong franc tends to dampen imported inflation. For the underlying trend, the core measure that strips out energy and fresh food is watched instead.