Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Switzerland
CHECP080000IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
95.91
Year-over-Year Change
0.96%
Date Range
12/1/1982 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Communication measures the change in prices paid by consumers for communication-related goods and services in Switzerland. This key economic indicator helps assess the overall cost of living and inflationary pressures.
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 Communication CPI tracks the price movements of items like telephone and internet services, postal charges, and equipment purchases. It is a component of the broader CPI, which is one of the most closely watched economic indicators used to guide monetary policy and understand consumer behavior.
Methodology
The data is collected through surveys of households and businesses by the Swiss Federal Statistical Office.
Historical Context
The Communication CPI is a critical input for the Swiss National Bank in setting interest rates and managing inflation.
Key Facts
- The Communication CPI accounts for around 3% of the overall Swiss CPI basket.
- Telephone and internet services make up the largest component of the Communication CPI.
- Communication prices in Switzerland have risen at a slower pace than the overall CPI in recent years.
FAQs
Q: What does this economic trend measure?
A: The Communication CPI measures the change in prices paid by Swiss consumers for communication-related goods and services, including telephone, internet, postal, and equipment costs.
Q: Why is this trend relevant for users or analysts?
A: The Communication CPI is an important component of the broader Swiss CPI, which is a key indicator of inflation and consumer purchasing power. It provides insights into a critical sector of the economy.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of households and businesses by the Swiss Federal Statistical Office.
Q: How is this trend used in economic policy?
A: The Communication CPI is used by the Swiss National Bank as an input for setting monetary policy and managing inflation in the country.
Q: Are there update delays or limitations?
A: The Communication CPI data is published monthly with a short lag, providing timely information on price trends in this sector.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Switzerland (CHECP080000IXOBM), retrieved from FRED.