Harmonized Index of Consumer Prices: Overall Index Excluding Energy and Unprocessed Food for Switzerland
00XFUNCHM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
106.54
Year-over-Year Change
0.73%
Date Range
12/1/2004 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) Excluding Energy and Unprocessed Food for Switzerland measures the inflation rate for Swiss consumer goods and services, excluding volatile energy and food prices.
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 HICP Excluding Energy and Unprocessed Food is a key economic indicator used by the Swiss National Bank and other policymakers to assess underlying inflationary pressures in the Swiss economy. It provides a more stable measure of consumer price trends compared to the headline HICP.
Methodology
The data is collected through surveys of prices paid by Swiss consumers and calculated using a weighted basket of goods and services.
Historical Context
Economists and analysts closely monitor this index to inform monetary policy decisions and economic forecasts.
Key Facts
- The HICP Excluding Energy and Unprocessed Food is published monthly by the Swiss Federal Statistical Office.
- The index has a base year of 2015 = 100.
- This measure excludes the volatile food and energy components of the headline HICP.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) Excluding Energy and Unprocessed Food measures the inflation rate for Swiss consumer goods and services, excluding volatile energy and food prices.
Q: Why is this trend relevant for users or analysts?
A: This index provides a more stable measure of underlying inflationary pressures in the Swiss economy, which is important for policymakers and economists in assessing the appropriate monetary policy stance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of prices paid by Swiss consumers and calculated using a weighted basket of goods and services.
Q: How is this trend used in economic policy?
A: The Swiss National Bank and other policymakers closely monitor this index to inform monetary policy decisions and economic forecasts.
Q: Are there update delays or limitations?
A: The HICP Excluding Energy and Unprocessed Food is published monthly by the Swiss Federal Statistical Office with no significant update delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Overall Index Excluding Energy and Unprocessed Food for Switzerland (00XFUNCHM086NEST), retrieved from FRED.