Switzerland Inflation Rate (CPI)

Switzerland Inflation Rate (CPI) 1 December 2021

Switzerland Inflation Rate (CPI) 1 December 2021: 1.5% for November 2021, above the 1.4% forecast and up from 1.2% in October 2021. It is the highest of the last 12 releases. It is the second release in a row above the forecast. Printed 1.5%, inside the 0–2% target band. It was released on Wed 1 Dec 2021 at 07:30 UTC.

These figures were verified on 4 Oct 2026 from the source: Swiss Federal Statistical Office. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
1.5%
November 2021
Forecast
1.4%
The market consensus
Previous
1.2%
As the source gives it

What a print like this usually does

Above the forecast: A clear upside surprise, especially if inflation is approaching or above 2%, usually supports the franc as markets price a less dovish SNB.

Switzerland Inflation Rate (CPI) 1 December 2021: 1.5% for November 2021 against a 1.4% forecast, with the last 12 releases
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Cite this release

If you cite this release, please link to this page:

Switzerland Inflation Rate (CPI) 1 December 2021: 1.5% vs 1.4% forecast (Swiss Federal Statistical Office). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ch-cpi/2021-12-01

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
1 Dec 2021Nov1.5%1.4%1.2%
2 Nov 2021Oct1.2%1.1%0.9%
4 Oct 2021Sep0.9%1.1%0.9%
2 Sep 2021Aug0.9%0.8%0.7%
2 Aug 2021Jul0.7%0.7%0.6%
1 Jul 2021Jun0.6%0.7%0.6%
7 Jun 2021May0.6%0.6%0.3%
5 May 2021Apr0.3%0.3%-0.2%
1 Apr 2021Mar-0.2%-0.3%-0.5%
3 Mar 2021Feb-0.5%-0.3%-0.5%
12 Feb 2021Jan-0.5%-0.6%-0.8%
5 Jan 2021Dec-0.8%-0.7%-0.7%