October 5, 2022
The consumer price index (CPI) fell by 0.2% in September 2022 compared with the previous month, reaching 104.6 points (December 2020 = 100). Inflation was +3.3% compared with the same month of the previous year. These are the results of the Federal Statistical Office (FSO).
The decrease of 0.2% compared with the previous month can be explained by several factors including falling prices for fuels, heating oil, hotels and supplementary accommodation. In contrast,
prices for clothing and footwear increased.
In September 2022, the Swiss Harmonised Index of Consumer Prices (HICP) stood at 104.53 points (base 2015 = 100). This corresponds to a rate of change of –0.2% compared with the previous month and of +3.2% compared with the same month the previous year.
The HICP is a supplementary indicator for inflation based on a harmonised method across EU member countries. It enables inflation in Switzerland to be compared with that of European
countries.
Source: Swiss Federal Statistical Office (FSO)
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