Switzerland’s Inflation Hits Pause: October CPI Falls 0.3% — Is the Franc Signaling a Market Reversal?

In October 2025, the Swiss Federal Statistical Office reported that the Consumer Price Index (CPI) dropped 0.3% month-on-month, bringing the index down to 107.2 points (December 2020 = 100). On a year-on-year basis, inflation stood at just +0.1%, showing that price growth in Switzerland has nearly stalled.