Harmonized Index of Consumer Prices: Spirits for Switzerland
CP0211CHM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
106.97
Year-over-Year Change
-0.06%
Date Range
12/1/2004 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices for Spirits in Switzerland tracks the changes in the prices paid by consumers for alcoholic spirits. This is an important economic indicator for understanding Swiss consumer spending and inflation trends.
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) measures the changes over time in the prices of consumer goods and services acquired by households. The Spirits component specifically covers the prices of distilled alcoholic beverages in Switzerland.
Methodology
The Swiss Federal Statistical Office collects price data from a representative sample of retailers to calculate the HICP for Spirits.
Historical Context
This index is used by policymakers and analysts to monitor Swiss inflation and consumer behavior.
Key Facts
- The HICP for Spirits is a component of the overall Swiss HICP.
- Spirits account for a small but meaningful portion of the average Swiss consumer's expenditures.
- The HICP data is released monthly by the Swiss Federal Statistical Office.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Spirits in Switzerland tracks the changes in the prices paid by consumers for distilled alcoholic beverages.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator of Swiss consumer spending and inflation, providing insights into household consumption patterns and the broader Swiss economy.
Q: How is this data collected or calculated?
A: The Swiss Federal Statistical Office collects price data from a representative sample of retailers to calculate the HICP for Spirits.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to monitor Swiss inflation and consumer behavior, which can inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The HICP for Spirits data is released monthly by the Swiss Federal Statistical Office with minimal delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Spirits for Switzerland (CP0211CHM086NEST), retrieved from FRED.