Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Switzerland
CHECP020000CTGYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.01
Year-over-Year Change
-85.87%
Date Range
1/1/2010 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Alcoholic Beverages, Tobacco and Narcotics in Switzerland measures changes in the prices paid by consumers for these products. This data provides insights into Swiss consumer spending and inflation trends in this category.
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 CPI for Alcoholic Beverages, Tobacco and Narcotics is a component of the overall Consumer Price Index (CPI) for Switzerland. The CPI is a widely used metric to track changes in the general price level of consumer goods and services, and this specific sub-index offers a detailed view into the inflation experienced by Swiss consumers in the alcohol, tobacco, and narcotics segment.
Methodology
The data is collected through a survey of prices paid by consumers at retail outlets across Switzerland.
Historical Context
This CPI data is used by policymakers, economists, and market analysts to assess inflationary pressures and consumer behavior in Switzerland.
Key Facts
- The CPI for Alcoholic Beverages, Tobacco and Narcotics is a component of the overall Swiss CPI.
- This index tracks price changes for consumer purchases of alcohol, tobacco, and narcotics products in Switzerland.
- The data is collected through a nationwide survey of retail prices paid by Swiss consumers.
FAQs
Q: What does this economic trend measure?
A: This economic trend measures changes in the prices paid by Swiss consumers for alcoholic beverages, tobacco, and narcotics products.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into inflationary pressures and consumer spending patterns in a specific segment of the Swiss economy, which is relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through a survey of prices paid by consumers at retail outlets across Switzerland.
Q: How is this trend used in economic policy?
A: This CPI data is used by policymakers, economists, and market analysts to assess inflationary pressures and consumer behavior in Switzerland, which can inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the standard update schedule and potential limitations associated with consumer price index surveys.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Switzerland (CHECP020000CTGYM), retrieved from FRED.