Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Switzerland
Annual
CHECPIHICAINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107.25
Year-over-Year Change
6.44%
Date Range
1/1/2005 - 1/1/2024
Summary
The Annual Inflation Rate for the Harmonized Index of Consumer Prices (HICP) measures the year-over-year change in consumer prices in the Euro area. It is a key indicator of economic performance and price stability used by policymakers.
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 HICP Inflation Rate tracks the average change over time in the prices of a basket of consumer goods and services purchased by Euro area households. It is a harmonized measure used across Europe to enable cross-country comparisons.
Methodology
The data is collected and calculated by Eurostat, the statistical office of the European Union.
Historical Context
The HICP Inflation Rate is closely monitored by the European Central Bank to support its mandate of maintaining price stability.
Key Facts
- The HICP is the main inflation measure used by the European Central Bank.
- The Euro area HICP is calculated based on a common methodology across 19 countries.
- The HICP Inflation Rate is a monthly indicator published by Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Annual Inflation Rate for the Harmonized Index of Consumer Prices (HICP) measures the year-over-year change in consumer prices in the Euro area.
Q: Why is this trend relevant for users or analysts?
A: The HICP Inflation Rate is a key indicator of economic performance and price stability used by policymakers, particularly the European Central Bank, to support monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: The HICP Inflation Rate is closely monitored by the European Central Bank to support its mandate of maintaining price stability in the Euro area.
Q: Are there update delays or limitations?
A: The HICP Inflation Rate is a monthly indicator published by Eurostat with minimal delays.
Related Trends
Amount Outstanding of Domestic Bonds and Notes in General Government Sector, Long-Term at Original Maturity, Residence of Issuer in Switzerland
DBNLTRIAOGGCH
Infra-Annual Labor Statistics: Employment Female: From 25 to 54 Years for Switzerland
LFEM25FECHA647N
National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Switzerland
NAEXKP01CHQ652S
Consumer Price Index: Harmonized Prices: Communication (COICOP 08): Total for Switzerland
CHECPHP0800IXEBM
Harmonized Index of Consumer Prices: Clothing and Footwear for Switzerland
CP0300CHM086NEST
Bank's Non-Interest Income to Total Income for Switzerland
DDEI03CHA156NWDB
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices (CHECPIHICAINMEI), retrieved from FRED.