Harmonized Index of Consumer Prices: All Items Excluding Mainly Administered Prices for Switzerland
00XAP0CHM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107.41
Year-over-Year Change
0.37%
Date Range
12/1/2014 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Switzerland excluding mainly administered prices measures the change in the cost of a basket of consumer goods and services, excluding those with prices set by the government or other authorities.
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 HICP is a key indicator of inflation in Switzerland used to assess the overall health of the economy. Excluding administered prices provides a more accurate picture of underlying consumer price trends driven by market forces.
Methodology
The Swiss Federal Statistical Office collects price data on a monthly basis from a sample of retail outlets.
Historical Context
This inflation gauge is closely monitored by the Swiss National Bank to guide monetary policy decisions.
Key Facts
- The HICP excludes items with administered prices, such as utilities and public services.
- Inflation in Switzerland has remained low, averaging around 1% over the past decade.
- The Swiss National Bank targets a 2% inflation rate as part of its price stability mandate.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Switzerland excluding mainly administered prices measures changes in the cost of a basket of consumer goods and services, excluding those with prices set by the government or other authorities.
Q: Why is this trend relevant for users or analysts?
A: This inflation gauge provides a more accurate picture of underlying consumer price trends in Switzerland, which is crucial for the Swiss National Bank's monetary policy decisions.
Q: How is this data collected or calculated?
A: The Swiss Federal Statistical Office collects price data on a monthly basis from a sample of retail outlets to calculate the HICP.
Q: How is this trend used in economic policy?
A: The Swiss National Bank closely monitors this inflation indicator to guide its monetary policy decisions, as part of its mandate to maintain price stability in the country.
Q: Are there update delays or limitations?
A: The HICP data is published monthly by the Swiss Federal Statistical Office with minimal delays, providing timely insights into Swiss consumer price trends.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: All Items Excluding Mainly Administered Prices for Switzerland (00XAP0CHM086NEST), retrieved from FRED.