Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Switzerland
CHECP050000GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.11
Year-over-Year Change
-130.76%
Date Range
1/1/1984 - 1/1/2025
Summary
The Consumer Price Index (CPI) for Furnishings, Household Equipment and Routine Household Maintenance in Switzerland tracks changes in the prices of these goods and services, providing valuable insights into consumer spending patterns and inflation.
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 CPI series measures the price changes of a basket of household furnishings, appliances, and routine maintenance items purchased by Swiss consumers. It is a key indicator used by policymakers, economists, and businesses to monitor inflation and consumer behavior.
Methodology
The data is collected through regular price surveys of a representative sample of goods and services across Switzerland.
Historical Context
The CPI for Furnishings and Household Maintenance is an important input for the Swiss National Bank's monetary policy decisions and for businesses making pricing and investment strategies.
Key Facts
- The base year for the CPI series is 2015.
- Household furnishings and equipment account for about 5% of the Swiss consumer spending basket.
- The CPI for this category has increased by 3.2% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This CPI series measures the price changes of a basket of household furnishings, appliances, and routine maintenance items purchased by Swiss consumers.
Q: Why is this trend relevant for users or analysts?
A: The CPI for Furnishings and Household Maintenance is a key indicator used by policymakers, economists, and businesses to monitor inflation and consumer behavior in Switzerland.
Q: How is this data collected or calculated?
A: The data is collected through regular price surveys of a representative sample of goods and services across Switzerland.
Q: How is this trend used in economic policy?
A: The CPI for Furnishings and Household Maintenance is an important input for the Swiss National Bank's monetary policy decisions and for businesses making pricing and investment strategies.
Q: Are there update delays or limitations?
A: The CPI data is typically published on a monthly basis with minimal delays.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Switzerland (CHECP050000GYQ), retrieved from FRED.