Harmonized Index of Consumer Prices: Overall Index Excluding Energy, Food, Alcohol, and Tobacco for Switzerland
00XEFDCHM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105.84
Year-over-Year Change
0.78%
Date Range
12/1/2004 - 6/1/2025
Summary
This index measures the harmonized consumer price inflation in Switzerland, excluding volatile components like energy, food, alcohol, and tobacco. It provides insights into underlying inflationary pressures in the Swiss economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Harmonized Index of Consumer Prices (HICP) Excluding Energy, Food, Alcohol, and Tobacco for Switzerland is a key economic indicator used to assess price stability and guide monetary policy decisions. This core inflation measure removes the impact of volatile price changes to better reflect the underlying trend.
Methodology
The data is collected through a survey of prices paid by consumers for a representative basket of goods and services.
Historical Context
Policymakers and analysts closely monitor this index to understand the dynamics of the Swiss economy and evaluate the effectiveness of the Swiss National Bank's monetary policy actions.
Key Facts
- The index excludes volatile components like energy, food, alcohol, and tobacco.
- Switzerland has one of the lowest inflation rates among advanced economies.
- The Swiss National Bank uses this index to guide its monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: This index measures the harmonized consumer price inflation in Switzerland, excluding volatile components like energy, food, alcohol, and tobacco.
Q: Why is this trend relevant for users or analysts?
A: This core inflation measure is a key indicator used by policymakers and analysts to assess price stability and guide monetary policy decisions in Switzerland.
Q: How is this data collected or calculated?
A: The data is collected through a survey of prices paid by consumers for a representative basket of goods and services.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this index to understand the dynamics of the Swiss economy and evaluate the effectiveness of the Swiss National Bank's monetary policy actions.
Q: Are there update delays or limitations?
A: The data is published monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Overall Index Excluding Energy, Food, Alcohol, and Tobacco for Switzerland (00XEFDCHM086NEST), retrieved from FRED.