Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Switzerland
CPGREN01CHQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.00
Year-over-Year Change
-99.77%
Date Range
1/1/1960 - 10/1/2023
Summary
The Consumer Price Index (CPI) for Energy measures the change in prices paid by consumers for fuel, electricity, and gasoline in Switzerland. It is a key indicator of inflationary pressures in the Swiss economy.
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 CPI for Energy tracks the cost of essential energy products that are important to households and businesses. This trend is closely monitored by economists and policymakers to assess the impact of energy prices on overall inflation and consumer spending.
Methodology
The CPI data is collected through surveys of retailers and service providers across Switzerland.
Historical Context
The CPI for Energy is used to inform monetary policy decisions by the Swiss National Bank.
Key Facts
- Energy accounts for approximately 10% of the Swiss consumer price basket.
- Prices for energy products have risen steadily in Switzerland over the past decade.
- Volatility in energy costs can significantly impact overall inflation trends.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Energy in Switzerland tracks the change in prices paid by consumers for fuel, electricity, and gasoline.
Q: Why is this trend relevant for users or analysts?
A: The CPI for Energy is a key indicator of inflationary pressures in the Swiss economy, as energy costs are a significant component of household and business expenditures.
Q: How is this data collected or calculated?
A: The CPI data is collected through surveys of retailers and service providers across Switzerland.
Q: How is this trend used in economic policy?
A: The CPI for Energy is used by the Swiss National Bank to inform monetary policy decisions and assess the impact of energy prices on overall inflation.
Q: Are there update delays or limitations?
A: The CPI for Energy data is published monthly with a short lag, providing timely information on energy price trends in Switzerland.
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Citation
U.S. Federal Reserve, Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Switzerland (CPGREN01CHQ657N), retrieved from FRED.