Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Maintenance and Repairs of the Dwellings: Total for Switzerland
CHECP040300GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.36
Year-over-Year Change
46.63%
Date Range
1/1/1983 - 12/1/2023
Summary
The Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Maintenance and Repairs of the Dwellings: Total for Switzerland measures changes in the cost of maintaining and repairing dwellings in Switzerland.
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
This economic indicator tracks the prices paid by consumers for repairs and maintenance of their homes, including labor, materials, and other costs. It is an important measure of household expenditures and inflation within the housing sector.
Methodology
The data is collected through a survey of consumer prices by the Swiss Federal Statistical Office.
Historical Context
Policymakers and economists use this index to assess inflationary pressures and consumer spending within the Swiss housing market.
Key Facts
- The base year for this index is 2015 = 100.
- Data is released monthly by the Swiss Federal Statistical Office.
- Housing maintenance and repair costs account for around 2% of the Swiss CPI basket.
FAQs
Q: What does this economic trend measure?
A: This trend measures changes in the prices paid by consumers for maintenance and repairs of their dwellings in Switzerland, including labor, materials, and other related costs.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator of inflationary pressures and consumer spending within the Swiss housing market, which is a key component of the overall economy.
Q: How is this data collected or calculated?
A: The data is collected through a survey of consumer prices by the Swiss Federal Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this index to assess inflationary pressures and consumer spending within the Swiss housing market, which can inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by the Swiss Federal Statistical Office with no significant update delays.
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Citation
U.S. Federal Reserve, Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Maintenance and Repairs of the Dwellings: Total for Switzerland (CHECP040300GPM), retrieved from FRED.