National Accounts: National Accounts Deflators: Gross Domestic Product: GDP Deflator for Switzerland
CHEGDPDEFQISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
103.84
Year-over-Year Change
4.96%
Date Range
1/1/1980 - 7/1/2023
Summary
The GDP Deflator for Switzerland measures the overall price level of goods and services produced in the Swiss economy. It is a key indicator for assessing the country's economic performance 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 GDP Deflator is a comprehensive measure of inflation that captures changes in the prices of all goods and services that make up the Swiss Gross Domestic Product. It is a widely used metric for understanding the trajectory of the Swiss economy and informing policy decisions.
Methodology
The data is calculated by the Swiss Federal Statistical Office based on national accounts data.
Historical Context
The GDP Deflator is closely monitored by the Swiss National Bank and other policymakers to gauge the underlying health of the Swiss economy.
Key Facts
- The GDP Deflator uses 2015 as its base year.
- Switzerland's GDP Deflator reached a high of 105.3 in 2022.
- The GDP Deflator is a broader measure of inflation than the Consumer Price Index.
FAQs
Q: What does this economic trend measure?
A: The GDP Deflator for Switzerland measures the overall price level of goods and services produced in the Swiss economy. It captures changes in the prices of all components of GDP.
Q: Why is this trend relevant for users or analysts?
A: The GDP Deflator is a key indicator for assessing the economic performance and inflationary pressures in Switzerland. It is closely monitored by policymakers and economists to inform decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the Swiss Federal Statistical Office based on national accounts data.
Q: How is this trend used in economic policy?
A: The GDP Deflator is closely watched by the Swiss National Bank and other policymakers to gauge the underlying health of the Swiss economy and guide monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The GDP Deflator data is typically published on a quarterly basis with a short delay.
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Citation
U.S. Federal Reserve, National Accounts: National Accounts Deflators: Gross Domestic Product: GDP Deflator for Switzerland (CHEGDPDEFQISMEI), retrieved from FRED.