Harmonized Index of Consumer Prices: Tobacco for Switzerland
CP0220CHM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
110.51
Year-over-Year Change
1.98%
Date Range
12/1/2004 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Tobacco in Switzerland tracks the change in prices of tobacco products over time. This measure is important for economists and policymakers to understand consumption trends 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 HICP for Tobacco in Switzerland is a key economic indicator that provides insights into the price dynamics of tobacco products. It is part of the broader HICP, which measures the changes in consumer prices across a range of goods and services in the country.
Methodology
The data is collected through surveys of retailers and service providers across Switzerland.
Historical Context
Tobacco-related economic data is closely monitored by policymakers and regulatory agencies.
Key Facts
- Switzerland has one of the highest tobacco prices in Europe.
- Tobacco accounts for around 2% of the total HICP basket in Switzerland.
- The HICP for Tobacco has been rising faster than the overall HICP in recent years.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Tobacco in Switzerland measures the change in prices of tobacco products, including cigarettes, cigars, and other tobacco items.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding inflationary pressures and consumer spending patterns related to tobacco products in Switzerland.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers and service providers across Switzerland.
Q: How is this trend used in economic policy?
A: Tobacco-related economic data, such as the HICP for Tobacco, is closely monitored by policymakers and regulatory agencies to inform taxation, public health, and consumer protection policies.
Q: Are there update delays or limitations?
A: The HICP for Tobacco data is published monthly, with a typical lag of around one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Tobacco for Switzerland (CP0220CHM086NEST), retrieved from FRED.