Switzerland Inflation Rate (CPI)

Switzerland Inflation Rate (CPI) 3 April 2023

Switzerland Inflation Rate (CPI) 3 April 2023: 2.9% for March 2023, below the 3.2% forecast and down from 3.4% in February 2023. It is the lowest reading since December 2022. 5 of the last 12 releases came in below the forecast. Printed 2.9%, above the 0–2% target band. It was released on Mon 3 Apr 2023 at 06:30 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
2.9%
March 2023
Forecast
3.2%
The market consensus
Previous
3.4%
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) 3 April 2023: 2.9% for March 2023 against a 3.2% 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) 3 April 2023: 2.9% vs 3.2% forecast (Swiss Federal Statistical Office). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ch-cpi/2023-04-03

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
3 Apr 2023Mar2.9%3.2%3.4%
6 Mar 2023Feb3.4%3.1%3.3%
13 Feb 2023Jan3.3%2.9%2.8%
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%