Harmonized Index of Consumer Prices: Transport for Switzerland
CP0700CHM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
106.44
Year-over-Year Change
-2.65%
Date Range
12/1/2004 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Transport for Switzerland measures inflation in the transportation sector of the Swiss economy. It is a key indicator used by policymakers and economists to track changes in consumer prices and the overall 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 Transport component specifically tracks price changes for goods and services related to personal transportation, such as vehicle purchases, fuel, public transit, and maintenance.
Methodology
The Swiss Federal Statistical Office collects price data from a representative sample of businesses and households to calculate the HICP-Transport index.
Historical Context
The HICP-Transport trend provides insight into inflationary pressures facing Swiss consumers and is used by the Swiss National Bank to inform monetary policy decisions.
Key Facts
- The base year for the HICP-Transport index is 2015 = 100.
- Transportation accounts for around 14% of the total Swiss consumer price index.
- Switzerland has one of the highest levels of vehicle ownership in Europe.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Transport for Switzerland measures changes in the prices of goods and services related to personal transportation in the Swiss economy.
Q: Why is this trend relevant for users or analysts?
A: The HICP-Transport trend provides important insights into inflationary pressures facing Swiss consumers and is a key input for policymakers and economists analyzing the overall state of the Swiss economy.
Q: How is this data collected or calculated?
A: The Swiss Federal Statistical Office collects price data from a representative sample of businesses and households to calculate the HICP-Transport index.
Q: How is this trend used in economic policy?
A: The HICP-Transport trend is used by the Swiss National Bank to inform monetary policy decisions aimed at maintaining price stability and supporting sustainable economic growth.
Q: Are there update delays or limitations?
A: The HICP-Transport data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Transport for Switzerland (CP0700CHM086NEST), retrieved from FRED.