Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Goods for Switzerland
CHECPGRGO01GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.03
Year-over-Year Change
-560.93%
Date Range
12/1/1983 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Goods in Switzerland measures the changes in the prices of consumer goods. It is a key indicator of inflation and helps policymakers assess the cost of living and make informed economic decisions.
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 Consumer Price Index for Goods is a subcomponent of the overall Consumer Price Index that tracks the prices of a basket of consumer goods in Switzerland. It is used to monitor price stability and guide monetary policy.
Methodology
The data is collected through regular surveys of prices for a representative sample of consumer goods.
Historical Context
The CPI for Goods is a crucial input for the Swiss National Bank's monetary policy decisions.
Key Facts
- The CPI for Goods accounts for approximately 60% of the overall Swiss CPI.
- The index has a base year of 2015 = 100.
- Switzerland has one of the lowest inflation rates in the developed world.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index for Goods in Switzerland measures the changes in the prices of a basket of consumer goods over time.
Q: Why is this trend relevant for users or analysts?
A: The CPI for Goods is a key indicator of inflation and cost of living, which is crucial for policymakers, consumers, and businesses in Switzerland.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of prices for a representative sample of consumer goods.
Q: How is this trend used in economic policy?
A: The CPI for Goods is a crucial input for the Swiss National Bank's monetary policy decisions, as it helps assess price stability and guide policy actions.
Q: Are there update delays or limitations?
A: The CPI for Goods data is released on a monthly basis with minimal delays, providing timely information for economic analysis.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Goods for Switzerland (CHECPGRGO01GYM), retrieved from FRED.