Switzerland’s consumer price growth came to a standstill in September 2026, with the month-over-month Consumer Price Index (CPI) registering 0.0%, according to data updated on 1 October 2026. This marks a clear deceleration from August 2026, when the CPI rose 0.4% compared with the previous month.
The latest reading means that on a month-over-month basis, prices in September showed no change relative to August, whereas the previous month had seen a notable uptick. The data highlights a shift in short-term price momentum: the “actual” figure for September reflects a flat price level versus August, while the “previous” figure captures August’s 0.4% increase compared with July.
For market participants and policymakers, the halt in monthly price gains may signal easing near-term inflationary pressures within Switzerland, at least for the September comparison period. However, the data only covers month-over-month changes and does not provide information on broader annual inflation trends.
