Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Switzerland
CHECP070000GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.31
Year-over-Year Change
-117.13%
Date Range
1/1/1984 - 1/1/2025
Summary
The Consumer Price Index for Transport in Switzerland measures the changes in prices of transportation-related goods and services, providing 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
The Consumer Price Index for Transport in Switzerland is a key economic indicator that tracks the prices of various transportation-related items, such as fuel, public transportation fares, and vehicle maintenance costs. It is used by policymakers, economists, and analysts to assess the overall cost of living and the impact of transportation costs on consumer spending.
Methodology
The data is collected through a nationwide survey of prices for a representative basket of transportation goods and services.
Historical Context
This index is used to inform monetary policy decisions and guide economic forecasts.
Key Facts
- The base year for the index is 2015.
- Transportation accounts for about 13% of the consumer price basket in Switzerland.
- The index is published monthly by the Swiss Federal Statistical Office.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index for Transport in Switzerland measures the changes in prices of transportation-related goods and services, such as fuel, public transportation fares, and vehicle maintenance costs.
Q: Why is this trend relevant for users or analysts?
A: This index is a key economic indicator that provides insights into consumer spending patterns and inflation, which are important for policymakers, economists, and analysts to assess the overall cost of living and the impact of transportation costs on the economy.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of prices for a representative basket of transportation goods and services.
Q: How is this trend used in economic policy?
A: This index is used to inform monetary policy decisions and guide economic forecasts, as transportation costs are a significant component of consumer spending and overall inflation.
Q: Are there update delays or limitations?
A: The index is published monthly by the Swiss Federal Statistical Office, with no known significant update delays or limitations.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Switzerland (CHECP070000GYQ), retrieved from FRED.