Consumer Price Index: Housing, water, electricity, gas and other fuels (COICOP 04): Water supply and miscellaneous services relating to the dwelling: Total for Switzerland
CHECP040400IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102.00
Year-over-Year Change
0.38%
Date Range
7/1/2000 - 10/1/2020
Summary
The Consumer Price Index (CPI) for Housing, water, electricity, gas and other fuels in Switzerland measures the price changes of water supply and miscellaneous services related to the dwelling. This key economic indicator provides insights into inflation and household costs.
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 Water supply and miscellaneous services relating to the dwelling in Switzerland is a subcomponent of the broader CPI for Housing, water, electricity, gas and other fuels. It tracks the changes in prices for essential household utilities and services, which are important for understanding overall cost of living and consumer purchasing power.
Methodology
The data is collected through a survey of consumer prices by the Swiss Federal Statistical Office.
Historical Context
This CPI trend is closely monitored by policymakers, economists, and markets to assess inflationary pressures and the standard of living in Switzerland.
Key Facts
- The CPI for water and household services in Switzerland has a base year of 2015.
- This index measures changes in the prices of water supply, refuse collection, and other dwelling-related services.
- The CPI for water and household services is an important input for adjusting wages, rents, and social benefits in Switzerland.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Water supply and miscellaneous services relating to the dwelling in Switzerland measures the changes in prices for essential household utilities and services.
Q: Why is this trend relevant for users or analysts?
A: This CPI trend provides important insights into inflationary pressures and the cost of living in Switzerland, which is crucial information for policymakers, economists, and consumers.
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: The CPI for water and household services in Switzerland is closely monitored by policymakers and used to adjust wages, rents, and social benefits to maintain standards of living.
Q: Are there update delays or limitations?
A: The data is published monthly by the Swiss Federal Statistical Office, with minimal delays in availability.
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Citation
U.S. Federal Reserve, Consumer Price Index: Housing, water, electricity, gas and other fuels (COICOP 04): Water supply and miscellaneous services relating to the dwelling: Total for Switzerland (CHECP040400IXOBQ), retrieved from FRED.