Harmonized Index of Consumer Prices: Food Products N.e.c. for Switzerland
CP0119CHM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
103.80
Year-over-Year Change
-1.69%
Date Range
12/1/2004 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices: Food Products N.e.c. for Switzerland measures the prices of food products not elsewhere classified in Switzerland. This metric is crucial for understanding trends in Swiss consumer inflation and the cost of living.
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 standardized measure of inflation used across the European Union. The 'Food Products N.e.c.' component tracks a basket of food items not classified elsewhere, providing insights into a key driver of overall consumer prices in Switzerland.
Methodology
The HICP data is collected through consumer surveys and calculated using a weighted average of price changes.
Historical Context
This index is closely monitored by the Swiss National Bank and other policymakers to inform monetary and fiscal policy decisions.
Key Facts
- The HICP tracks over 300 food items in Switzerland.
- Food products account for nearly 14% of the total Swiss consumer price index.
- Switzerland has one of the highest costs of living among OECD countries.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Food Products N.e.c. for Switzerland measures the prices of food products not elsewhere classified in the consumer price index for Switzerland.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into inflationary pressures and the cost of living in Switzerland, which are crucial for policymakers, businesses, and consumers.
Q: How is this data collected or calculated?
A: The HICP data is collected through consumer surveys and calculated using a weighted average of price changes.
Q: How is this trend used in economic policy?
A: The Swiss National Bank and other policymakers closely monitor this index to inform monetary and fiscal policy decisions aimed at maintaining price stability and supporting economic growth.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a typical delay of around 2-3 weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Food Products N.e.c. for Switzerland (CP0119CHM086NEST), retrieved from FRED.