Consumer prices in Switzerland were down 0.9 percent year-on-year in March of 2016, following a 0.8 percent drop in the previous month and in line with market expectations. It is the 17th straight month of deflation. Inflation Rate in Switzerland averaged 2.49 percent from 1956 until 2016, reaching an all time high of 11.92 percent in December of 1973 and a record low of -1.40 percent in August of 2015.