Consumer Price Index for Switzerland
DDOE02CHA086NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98.27
Year-over-Year Change
2.67%
Date Range
1/1/1960 - 1/1/2017
Summary
The Consumer Price Index (CPI) for Switzerland measures changes in the prices of a basket of consumer goods and services. It is a key indicator of inflation and an important economic metric used by policymakers and analysts.
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 Switzerland tracks the price changes of a representative sample of consumer items, including food, housing, transportation, and other expenditures. It is calculated monthly by the Swiss Federal Statistical Office and serves as a broad measure of the cost of living in Switzerland.
Methodology
The CPI is calculated by collecting price data from a sample of retailers and service providers across the country.
Historical Context
The Swiss CPI is used by the Swiss National Bank to help set monetary policy and monitor inflation trends.
Key Facts
- Switzerland has one of the lowest inflation rates in Europe.
- The CPI is calculated using a basket of over 800 consumer goods and services.
- The Swiss CPI is a leading indicator for the Swiss economy.
FAQs
Q: What does the Consumer Price Index for Switzerland measure?
A: The Swiss CPI measures changes in the prices of a basket of consumer goods and services, providing a broad gauge of inflation in the Swiss economy.
Q: Why is the Swiss CPI relevant for users and analysts?
A: The CPI is a key economic indicator used by policymakers, businesses, and consumers to understand the cost of living and inflationary pressures in Switzerland.
Q: How is the Swiss CPI data collected and calculated?
A: The CPI is calculated monthly by the Swiss Federal Statistical Office based on price data collected from a sample of retailers and service providers across the country.
Q: How is the Swiss CPI used in economic policy?
A: The Swiss National Bank uses the CPI as a primary indicator to help set monetary policy and maintain price stability in the Swiss economy.
Q: Are there any update delays or limitations with the Swiss CPI data?
A: The Swiss CPI is published monthly with a lag of approximately one month, providing timely but not real-time information on inflation trends.
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Citation
U.S. Federal Reserve, Consumer Price Index for Switzerland (DDOE02CHA086NWDB), retrieved from FRED.