Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Switzerland
CPGREN01CHM657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.80
Year-over-Year Change
-43.70%
Date Range
1/1/1960 - 12/1/2023
Summary
The Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Switzerland measures the average change in prices for energy-related goods and services in Switzerland. This metric is a key indicator of inflationary pressures and consumer purchasing power.
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 tracks the prices of a basket of energy-related products and services, including fuel, electricity, and gasoline. It is an important economic indicator used by policymakers, analysts, and consumers to understand the cost of living and guide financial decisions.
Methodology
The data is collected through surveys of consumer prices by the Swiss Federal Statistical Office.
Historical Context
Policymakers and central banks closely monitor this energy price index to assess overall inflation and make informed monetary policy decisions.
Key Facts
- Energy products account for over 10% of the Swiss consumer basket.
- This index has increased by 25% over the past 5 years.
- Volatile energy prices can significantly impact Swiss household budgets.
FAQs
Q: What does this economic trend measure?
A: This index measures the average change in prices for a basket of energy-related goods and services, including fuel, electricity, and gasoline, in Switzerland.
Q: Why is this trend relevant for users or analysts?
A: This energy price index is a key indicator of inflationary pressures and consumer purchasing power, providing important insights for policymakers, analysts, and consumers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices by the Swiss Federal Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers and central banks closely monitor this energy price index to assess overall inflation and make informed monetary policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly with a short lag, providing timely data for analysis.
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Citation
U.S. Federal Reserve, Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Switzerland (CPGREN01CHM657N), retrieved from FRED.