Consumer Price Index: Total Food Excluding Restaurants for Switzerland
CPGDFD02CHQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.11
Year-over-Year Change
-127.02%
Date Range
1/1/1960 - 1/1/2018
Summary
The Consumer Price Index: Total Food Excluding Restaurants for Switzerland measures changes in the prices of food items purchased for consumption at home by Swiss consumers, excluding restaurant meals.
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
This index is a key indicator of inflationary pressures in the Swiss food market. It helps economists and policymakers understand consumer spending patterns and assess the overall cost of living.
Methodology
The data is collected through a nationwide survey of consumer prices.
Historical Context
The index is used to guide monetary policy and track the impact of economic conditions on household budgets.
Key Facts
- The index is published monthly by the Swiss Federal Statistical Office.
- Food accounts for approximately 12% of the average Swiss household's consumer expenditures.
- The index excludes the cost of dining out, which is tracked separately.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index: Total Food Excluding Restaurants for Switzerland measures changes in the prices of food items purchased for consumption at home by Swiss consumers, excluding restaurant meals.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflationary pressures in the Swiss food market, helping economists and policymakers understand consumer spending patterns and assess the overall cost of living.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer prices.
Q: How is this trend used in economic policy?
A: The index is used to guide monetary policy and track the impact of economic conditions on household budgets.
Q: Are there update delays or limitations?
A: The index is published monthly by the Swiss Federal Statistical Office.
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Citation
U.S. Federal Reserve, Consumer Price Index: Total Food Excluding Restaurants for Switzerland (CPGDFD02CHQ657N), retrieved from FRED.