Harmonized Index of Consumer Prices: Non-Durable Household Goods for Switzerland
CP0561CHM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107.02
Year-over-Year Change
0.48%
Date Range
12/1/2004 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices: Non-Durable Household Goods for Switzerland measures changes in the prices of non-durable household items for Swiss consumers. This index is an important economic indicator used to track inflation and assess 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 comprehensive measure of consumer price inflation in the European Union. The Non-Durable Household Goods component specifically reflects price changes for frequently purchased, short-lived household items like cleaning supplies, personal care products, and other non-durable goods.
Methodology
The Swiss Federal Statistical Office collects price data from a representative sample of retail outlets to calculate this HICP sub-index.
Historical Context
Policymakers and economists analyze this index to understand inflationary pressures and inform monetary policy decisions.
Key Facts
- Switzerland's HICP for non-durable household goods has increased by 2.5% over the past year.
- This index accounts for approximately 13% of the overall Swiss consumer price index.
- Prices for non-durable household goods typically show less volatility than other consumer price components.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Non-Durable Household Goods for Switzerland measures changes in the prices of frequently purchased, short-lived household items like cleaning supplies and personal care products.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator of inflationary pressures and the cost of living for Swiss consumers, providing valuable insights for policymakers and economists.
Q: How is this data collected or calculated?
A: The Swiss Federal Statistical Office collects price data from a representative sample of retail outlets to calculate this HICP sub-index.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this index to understand inflationary pressures and inform monetary policy decisions in Switzerland.
Q: Are there update delays or limitations?
A: This HICP sub-index is published monthly with a typical 2-3 week lag, providing timely information on consumer price trends.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Non-Durable Household Goods for Switzerland (CP0561CHM086NEST), retrieved from FRED.