Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Restaurants and Hotels for Switzerland
CHECP110000IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.19
Year-over-Year Change
1.61%
Date Range
12/1/1982 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Restaurants and Hotels in Switzerland measures the change in prices paid by consumers for dining out and accommodation services. This data point is a key indicator of inflation and consumer spending in the hospitality sector.
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 Restaurants and Hotels CPI is part of the larger Consumer Price Index (CPI) and Harmonized Index of Consumer Prices (HICP) data series for Switzerland. It tracks the price movement of a basket of common restaurant and hotel services, providing insight into inflationary pressures and consumer behavior in this important economic sector.
Methodology
The Swiss Federal Statistical Office collects price data from a sample of establishments to calculate the Restaurants and Hotels CPI on a monthly basis.
Historical Context
Policymakers and analysts use this index to gauge the overall state of the Swiss economy and make informed decisions about monetary policy and consumer trends.
Key Facts
- The Restaurants and Hotels CPI has a base year of 2015 = 100.
- This index accounts for approximately 10% of the total Swiss CPI basket.
- Switzerland's Restaurants and Hotels CPI reached an all-time high of 105.7 in August 2022.
FAQs
Q: What does this economic trend measure?
A: The Restaurants and Hotels CPI measures the change in prices paid by consumers for dining out and accommodation services in Switzerland.
Q: Why is this trend relevant for users or analysts?
A: This index provides insight into inflationary pressures and consumer spending patterns in the important hospitality sector, which is crucial for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The Swiss Federal Statistical Office collects price data from a sample of establishments to calculate the Restaurants and Hotels CPI on a monthly basis.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to gauge the overall state of the Swiss economy and make informed decisions about monetary policy and consumer trends.
Q: Are there update delays or limitations?
A: The Restaurants and Hotels CPI is published monthly with a short delay, and it represents a sample-based estimate of price changes in the hospitality sector.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Restaurants and Hotels for Switzerland (CHECP110000IXOBM), retrieved from FRED.