Headline Inflation over last 12 months on August 31, 2025 is 0.15% (to see components % scrolling with mouse over graph)
Swiss Headline Inflation, HCPI, on average over the last eight months 2025 (January-August) is 0.15%. It is even 25% of the average value HCPI for the year 2021 (0.6%). The decreasing inflation rates will support positively pension fund portfolio returns over next year (see Pictet and R&D positions).