Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Switzerland
CHECPIENGAINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
144.35
Year-over-Year Change
26.18%
Date Range
1/1/1955 - 1/1/2024
Summary
The Consumer Price Index (CPI) for Energy in Switzerland measures the change in prices paid by consumers for energy-related goods and services. It is a key indicator of inflationary pressures and consumer purchasing power.
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 Energy in Switzerland is a subcomponent of the overall Swiss Consumer Price Index. It tracks the monthly changes in the prices of fuels, electricity, gas, and other energy products that Swiss households regularly purchase.
Methodology
The data is collected through a nationwide survey of consumer prices by the Swiss Federal Statistical Office.
Historical Context
The CPI for Energy is closely monitored by the Swiss National Bank and policymakers as it influences decisions on monetary policy and interest rates.
Key Facts
- Energy accounts for around 10% of the overall Swiss CPI basket.
- The CPI for Energy reached its highest level in over a decade in 2022.
- Rising energy prices have been a major driver of inflation in Switzerland.
FAQs
Q: What does this economic trend measure?
A: The CPI for Energy in Switzerland measures the change in prices paid by consumers for energy-related goods and services, including fuels, electricity, and gas.
Q: Why is this trend relevant for users or analysts?
A: The CPI for Energy is a key indicator of inflationary pressures and consumer purchasing power, making it highly relevant for economic analysts, policymakers, and households.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer prices by the Swiss Federal Statistical Office.
Q: How is this trend used in economic policy?
A: The CPI for Energy is closely monitored by the Swiss National Bank and policymakers as it influences decisions on monetary policy and interest rates.
Q: Are there update delays or limitations?
A: The CPI for Energy data is published monthly with minimal update delays, providing timely insights into energy-related inflationary trends in Switzerland.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Switzerland (CHECPIENGAINMEI), retrieved from FRED.