Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Switzerland
CHECP020000GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.40
Year-over-Year Change
-79.56%
Date Range
12/1/1983 - 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 key economic indicator provides insights into inflationary pressures and consumer spending patterns.
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 sub-component of the broader Consumer Price Index, which tracks the prices of a basket of goods and services representative of household consumption in Switzerland. This metric is widely used by policymakers, economists, and analysts to assess the cost of living and overall economic conditions.
Methodology
The data is collected through regular surveys of prices charged by retailers and service providers across Switzerland.
Historical Context
Trends in this CPI component are closely monitored by the Swiss National Bank and other institutions to inform monetary policy decisions.
Key Facts
- Switzerland's CPI for Alcoholic Beverages, Tobacco and Narcotics has a base year of 2015.
- This index is published monthly by the Swiss Federal Statistical Office.
- Alcoholic beverages have the highest weight (around 60%) in this CPI component.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index for Alcoholic Beverages, Tobacco and Narcotics measures changes in the prices paid by consumers for these products in Switzerland.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into inflationary pressures and consumer spending patterns, which are key factors considered by policymakers and economists when making decisions.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of prices charged by retailers and service providers across Switzerland.
Q: How is this trend used in economic policy?
A: Trends in this CPI component are closely monitored by the Swiss National Bank and other institutions to inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The CPI for Alcoholic Beverages, Tobacco and Narcotics is published monthly by the Swiss Federal Statistical Office with no significant update delays.
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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 (CHECP020000GYM), retrieved from FRED.