Switzerland Inflation Rate — 2026 CPI Data, Trend & Outlook
Switzerland's inflation rate was 0.62% in May 2026, up from 0.60% the previous month. A year earlier it stood at -0.10%.
Switzerland's inflation rate stands at 0.62% as of May 2026. The inflation rate currently sits at 0.62% (up from 0.60% in the prior month). Across the tracked window it has ranged between -1.44% and 3.45%, and is 0.72% higher than a year ago.
The trend
Among the 193 economies tracked on this platform, Switzerland ranks #167 on inflation rate by latest value. It rose from 0.60% in the previous month, and compares with a year-earlier -0.10%.
What's driving it
Inflation is shaped by energy and food prices, the exchange rate, wage growth and the stance of monetary policy; central banks lift interest rates to cool it and ease when it falls back toward target.
Recent readings
| Period | Inflation rate |
|---|---|
| May 2026 | 0.62% |
| Apr 2026 | 0.60% |
| Mar 2026 | 0.31% |
| Feb 2026 | 0.13% |
| Jan 2026 | 0.06% |
| Dec 2025 | 0.06% |
| Nov 2025 | 0.02% |
| Oct 2025 | 0.10% |
Data: Source: OECD (terms permit extract/distribute, incl. commercial, with citation). Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
What Is the Inflation Rate in Switzerland Right Now (2026)?
Switzerland's inflation rate was 0.62% in May 2026, up from 0.60% the previous month. A year earlier it stood at -0.10%.
Is the inflation rate rising or falling in Switzerland?
It rose in the latest reading — 0.62% in May 2026 versus 0.60% a month earlier. Year on year it is higher.
What is inflation rate?
It measures how fast consumer prices are rising, measured by the consumer price index (CPI).