Forex Fundamentals
Switzerland Inflation Rate (CPI)

Switzerland Inflation Rate (CPI) 4 January 2023

Switzerland Inflation Rate (CPI) 4 January 2023: 2.8% for December 2022, below the 2.9% forecast and down from 3% in November 2022. It is the lowest reading since April 2022. 4 of the last 12 releases came in below the forecast. Printed 2.8%, above the 0–2% target band. It was released on Wed 4 Jan 2023 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
2.8%
December 2022
Forecast
2.9%
The market consensus
Previous
3%
As the source gives it

What a print like this usually does

Below the forecast: A downside surprise usually weighs on the franc by strengthening expectations of low rates or further easing, particularly if inflation is already subdued.

Switzerland Inflation Rate (CPI) 4 January 2023: 2.8% for December 2022 against a 2.9% 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) 4 January 2023: 2.8% vs 2.9% forecast (Swiss Federal Statistical Office). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ch-cpi/2023-01-04

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
4 Jan 2023Dec2.8%2.9%3%
1 Dec 2022Nov3%3%3%
3 Nov 2022Oct3%3.2%3.3%
3 Oct 2022Sep3.3%3.5%3.5%
1 Sep 2022Aug3.5%3.4%3.4%
3 Aug 2022Jul3.4%3.5%3.4%
4 Jul 2022Jun3.4%3.2%2.9%
2 Jun 2022May2.9%2.6%2.5%
5 May 2022Apr2.5%2.5%2.4%
1 Apr 2022Mar2.4%2.4%2.2%
3 Mar 2022Feb2.2%1.8%1.6%
11 Feb 2022Jan1.6%1.5%1.5%
The release before:Switzerland Inflation Rate (CPI) 1 December 2022The release after:Switzerland Inflation Rate (CPI) 13 February 2023Switzerland Inflation Rate (CPI): every recent resultThis week’s economic calendar