Consumer Price Index: Harmonized Prices: All Items Less Food, Energy, Tobacco, Alcohol: Total for Switzerland
CHECPHPLA01GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.40
Year-over-Year Change
300.00%
Date Range
1/1/2005 - 11/1/2023
Summary
The Consumer Price Index: Harmonized Prices: All Items Less Food, Energy, Tobacco, Alcohol: Total for Switzerland measures changes in the average prices paid by Swiss consumers for a basket of goods and services, excluding volatile food, energy, tobacco, and alcohol items.
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 index is a key indicator of inflation in Switzerland. It provides insights into the underlying price pressures in the Swiss economy by excluding the most volatile components of the overall consumer price index.
Methodology
The data is collected through surveys of prices paid by Swiss households.
Historical Context
Policymakers and analysts monitor this index to assess inflationary trends and inform monetary policy decisions.
Key Facts
- The index excludes volatile food, energy, tobacco, and alcohol prices.
- It provides a measure of underlying inflation in the Swiss economy.
- The data is collected through surveys of Swiss household spending.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the average prices paid by Swiss consumers for a basket of goods and services, excluding volatile food, energy, tobacco, and alcohol items.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of underlying inflationary pressures in the Swiss economy, which is important for policymakers and analysts to monitor.
Q: How is this data collected or calculated?
A: The data is collected through surveys of prices paid by Swiss households.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess inflationary trends and inform monetary policy decisions in Switzerland.
Q: Are there update delays or limitations?
A: There may be some delays in the publication of this data, and the index may not capture all aspects of consumer prices in Switzerland.
Related Trends
Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 15 to 64 Years for Switzerland
LFIN64TTCHQ647S
Infra-Annual Labor Statistics: Inactivity Rate Total: From 55 to 64 Years for Switzerland
LRIN55TTCHA156N
Broad Effective Exchange Rate for Switzerland
NBCHBIS
Production, Sales, Work Started and Orders: Passenger Car Registrations: Economic Activity: Wholesale and Retail Trade and Repair of Motor Vehicles and Motorcycles for Switzerland
CHESACRMISMEI
Harmonized Index of Consumer Prices: Telephone and Telefax Services for Switzerland
CP0830CHM086NEST
Infra-Annual Labor Statistics: Labor Force Participation Rate Total: 15 Years or over for Switzerland
LRACTTTTCHQ156S
Citation
U.S. Federal Reserve, Consumer Price Index: Harmonized Prices: All Items Less Food, Energy, Tobacco, Alcohol: Total for Switzerland (CHECPHPLA01GPM), retrieved from FRED.