Switzerland - Consumer price index (2010 = 100)

The value for Consumer price index (2010 = 100) in Switzerland was 99.40 as of 2021. As the graph below shows, over the past 61 years this indicator reached a maximum value of 100.23 in 2011 and a minimum value of 24.04 in 1960.

Definition: Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1960 24.04
1961 24.48
1962 25.54
1963 26.42
1964 27.23
1965 28.16
1966 29.51
1967 30.69
1968 31.43
1969 32.21
1970 33.37
1971 35.57
1972 37.94
1973 41.26
1974 45.29
1975 48.32
1976 49.15
1977 49.79
1978 50.30
1979 52.13
1980 54.23
1981 57.75
1982 61.01
1983 62.81
1984 64.66
1985 66.88
1986 67.38
1987 68.35
1988 69.63
1989 71.83
1990 75.71
1991 80.14
1992 83.38
1993 86.12
1994 86.86
1995 88.42
1996 89.14
1997 89.60
1998 89.62
1999 90.34
2000 91.75
2001 92.66
2002 93.25
2003 93.85
2004 94.60
2005 95.71
2006 96.72
2007 97.43
2008 99.80
2009 99.32
2010 100.00
2011 100.23
2012 99.54
2013 99.32
2014 99.31
2015 98.17
2016 97.75
2017 98.27
2018 99.19
2019 99.55
2020 98.82
2021 99.40

Development Relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series.

Limitations and Exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries.

Statistical Concept and Methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.

Base Period: 2010

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices