What is the real inflation rate in Switzerland?

What is the real price increase in Switzerland, the one felt by consumers when they open their wallets at the supermarket checkout, when they pay bills at the end of each month or when they fill up at the pump? In the first half of 2022, the increase is 1.4% over one year, according to Comparis, a Swiss comparison platform, which made the calculation in collaboration with the Economic Research Center (KOF) of ETH Zurich. This is almost 2.5 times more than the Swiss consumer price index (CPI) calculated by the State Secretariat for Economic Affairs (Seco) for the same period at 0.5%. For the whole of 2023, Comparis and the KOF do not provide an estimate. For Bern, inflation might reach 2.5%.

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Alexandra Hartman Editor-in-Chief

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