Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Electricity, Gas and Other Fuels: Total for Switzerland
CHECP040500GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.46
Year-over-Year Change
-173.05%
Date Range
1/1/1960 - 10/1/2023
Summary
The Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Electricity, Gas and Other Fuels: Total for Switzerland measures the price changes of electricity, gas, and other household fuels in Switzerland. This data is crucial for economists and policymakers to understand inflation and cost-of-living trends.
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 economic indicator tracks the monthly price changes for a basket of residential energy products, including electricity, natural gas, heating oil, and other fuels. It is a key component of the broader housing and utilities segment of the Swiss consumer price index, providing insight into household energy costs and inflationary pressures.
Methodology
The Swiss Federal Statistical Office collects price data from a representative sample of service providers and retailers to calculate this index.
Historical Context
Policymakers use this data to monitor inflation and adjust economic policies, while analysts leverage it to understand consumer spending patterns and energy market dynamics.
Key Facts
- The index base year is 2015 = 100.
- Electricity and gas account for the largest shares of the index basket.
- Household energy costs make up around 5% of the overall Swiss CPI.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the monthly price changes for a basket of residential energy products, including electricity, natural gas, heating oil, and other fuels in Switzerland.
Q: Why is this trend relevant for users or analysts?
A: This data is crucial for economists and policymakers to understand inflation and cost-of-living trends, as household energy costs are a significant component of consumer spending.
Q: How is this data collected or calculated?
A: The Swiss Federal Statistical Office collects price data from a representative sample of service providers and retailers to calculate this index.
Q: How is this trend used in economic policy?
A: Policymakers use this data to monitor inflation and adjust economic policies, while analysts leverage it to understand consumer spending patterns and energy market dynamics.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical release lag of 2-3 weeks.
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Citation
U.S. Federal Reserve, Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Electricity, Gas and Other Fuels: Total for Switzerland (CHECP040500GPQ), retrieved from FRED.