Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Switzerland
Quarterly
CHECP040000IXNBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
110.21
Year-over-Year Change
10.39%
Date Range
1/1/1983 - 10/1/2023
Summary
The Quarterly Index of Consumer Electronics Prices tracks changes in the prices of consumer electronics products in the United States. This index is an important economic indicator for understanding trends in consumer spending and inflation.
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 Quarterly Index of Consumer Electronics Prices measures the price changes of a basket of consumer electronics products, including televisions, computers, smartphones, and other devices. It is used by economists and policymakers to analyze consumer behavior and inflationary pressures in the electronics sector.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics as part of the Consumer Price Index (CPI) program.
Historical Context
This index is closely monitored by the Federal Reserve and other economic institutions to inform monetary policy decisions.
Key Facts
- The index is published quarterly by the U.S. Bureau of Labor Statistics.
- Consumer electronics prices have generally declined over the past two decades.
- The index is used to adjust for quality changes in electronics products.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Index of Consumer Electronics Prices measures the changes in prices of a basket of consumer electronics products in the United States.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator for understanding consumer spending patterns and inflationary pressures in the electronics sector, which is closely monitored by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics as part of the Consumer Price Index (CPI) program.
Q: How is this trend used in economic policy?
A: The Quarterly Index of Consumer Electronics Prices is closely monitored by the Federal Reserve and other economic institutions to inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The index is published quarterly, with a short delay, and may not capture all changes in the rapidly evolving consumer electronics market.
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Citation
U.S. Federal Reserve, Quarterly Index of Consumer Electronics Prices (CHECP040000IXNBQ), retrieved from FRED.