Harmonized Index of Consumer Prices: Oils and Fats for Switzerland
CP0115CHM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
122.70
Year-over-Year Change
-0.35%
Date Range
12/1/2004 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Oils and Fats for Switzerland measures the price changes of edible oils and fats in Switzerland. This economic indicator provides insights into food price inflation and consumer purchasing power.
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 Harmonized Index of Consumer Prices (HICP) is a key economic indicator used to track inflation across the Eurozone. The Oils and Fats component specifically monitors price fluctuations in essential household commodities, which is vital information for policymakers and economists analyzing consumer trends.
Methodology
The data is collected through surveys of consumer prices from a representative sample of retail outlets in Switzerland.
Historical Context
The Oils and Fats HICP is used by the Swiss National Bank and other institutions to assess inflationary pressures and guide monetary policy decisions.
Key Facts
- Switzerland's Oils and Fats HICP has a base year of 2015.
- The index tracks prices of items like cooking oils, butter, and margarine.
- Oils and Fats account for approximately 3% of the total Swiss consumer basket.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Oils and Fats for Switzerland measures the price changes of edible oils and fats in the country.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into food price inflation and consumer purchasing power, which are crucial for policymakers and economists analyzing consumer trends in Switzerland.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices from a representative sample of retail outlets in Switzerland.
Q: How is this trend used in economic policy?
A: The Oils and Fats HICP is used by the Swiss National Bank and other institutions to assess inflationary pressures and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 2-3 weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Oils and Fats for Switzerland (CP0115CHM086NEST), retrieved from FRED.