Inflation forecast · World Bank data
Switzerland inflation forecast
Inflation (CPI, annual %)
Latest · 2025
0.2%
Inflation in Switzerland is forecast at 0.4% in 12 months (2026), with an 80% range of −1.0% to 2.1%. The latest World Bank figure is 0.2% for 2025.
In 24 months (2027) and 36 months (2028) the model projects 0.5% and 0.5% (+0.3 pp versus 2025).
Display-only line. World Bank data is annual: the forecasts are the yearly points marked on the chart. The monthly line between them is a straight-line interpolation for display, not a monthly forecast.
- 6 monthsinterpolated · display only
- 0.3%▲ +0.1 pp80%: −0.4% – 1.1%
- 12 months2026
- 0.4%▲ +0.2 pp80%: −1.0% – 2.1%
- 24 months2027
- 0.5%▲ +0.3 pp80%: −1.0% – 2.5%
- 36 months2028
- 0.5%▲ +0.3 pp80%: −1.1% – 2.6%
Backtest · last 5 years
How accurate has this been?
| Horizon | Tests | Avg. error | Naive error | In 80% range |
|---|---|---|---|---|
| 12 months | 5 | 1.24 pp | 1.25 pp | 80% |
| 24 months | 4 | 2.17 pp | 2.22 pp | 50% |
| 36 months | 3 | 1.63 pp | 2.01 pp | 67% |
We re-ran the model as if standing at past dates, using only the data available then. Avg. error is the mean absolute gap between the median and what happened (percentage points); naive assumes no change from the last value. A well-calibrated 80% range contains about 80% of outcomes. Annual series have few test points, so treat these as rough. Methodology
Source data
Recent values
| Year | Value | Change |
|---|---|---|
| 2025 | 0.2% | −0.91 pp |
| 2024 | 1.1% | −1.07 pp |
| 2023 | 2.1% | −0.70 pp |
| 2022 | 2.8% | +2.25 pp |
| 2021 | 0.6% | +1.31 pp |
| 2020 | −0.7% | −1.09 pp |
| 2019 | 0.4% | −0.57 pp |
| 2018 | 0.9% | +0.40 pp |
| 2017 | 0.5% | +0.97 pp |
| 2016 | −0.4% | +0.71 pp |
About this forecast
- Source
- World Bank, World Development Indicators · series FP.CPI.TOTL.ZG
- Data through
- 2025 · 66 observations
- Forecast updated
- Sep 28, 2026
- Model
- TimesFM 2.5 (Google Research, Apache-2.0), zero-shot
More forecasts for Switzerland
Switzerland overviewOther inflation forecasts
All 39Statistical model, not financial advice. This forecast is generated automatically from public data; the 80% range means outcomes are expected outside it about one time in five. Don't make financial decisions based only on it.
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