WS News
03 Sep 2026, 09:09
Swiss Inflation and GDP Beat Forecasts, Strengthening the Economic Outlook
Switzerland delivered a pair of stronger-than-expected economic readings, with consumer prices rising sharply in August while second-quarter economic growth exceeded forecasts.
Swiss CPI increased 0.4% month over month in August, significantly above expectations for no change and reversing the 0.1% decline recorded in the previous month. The upside inflation surprise suggests price pressures strengthened during the month and could reduce the scope for the Swiss National Bank to pursue easier monetary policy.
Economic growth also surprised to the upside. Switzerland’s GDP expanded 1.9% quarter over quarter in the second quarter, beating the 1.5% consensus and accelerating sharply from the previous quarter’s 0.6% growth. On an annual basis, GDP increased 2.8%, compared with 0.5% previously.
Switzerland delivered a pair of stronger-than-expected economic readings, with consumer prices rising sharply in August while second-quarter economic growth exceeded forecasts.
Swiss CPI increased 0.4% month over month in August, significantly above expectations for no change and reversing the 0.1% decline recorded in the previous month. The upside inflation surprise suggests price pressures strengthened during the month and could reduce the scope for the Swiss National Bank to pursue easier monetary policy.
Economic growth also surprised to the upside. Switzerland’s GDP expanded 1.9% quarter over quarter in the second quarter, beating the 1.5% consensus and accelerating sharply from the previous quarter’s 0.6% growth. On an annual basis, GDP increased 2.8%, compared with 0.5% previously.
