Harmonized Index of Consumer Prices: Overall Index Excluding Housing, Water, Electricity, Gas, and Other Fuels for Switzerland
00XHOUCHM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.90
Year-over-Year Change
0.08%
Date Range
12/1/2004 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) Excluding Housing, Water, Electricity, Gas, and Other Fuels for Switzerland measures the change in prices for a broad basket of consumer goods and services, excluding certain volatile energy and housing costs.
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 Excluding Housing, Water, Electricity, Gas, and Other Fuels is a key indicator of inflation trends in Switzerland. It provides a comprehensive and harmonized measure of consumer price changes, excluding the most volatile components, to give a clearer picture of underlying price pressures.
Methodology
The data is collected through a survey of consumer purchases and calculated using a weighted average of price changes.
Historical Context
Central banks and policymakers closely monitor this index to guide monetary policy decisions and forecast economic conditions.
Key Facts
- The HICP Excluding Housing is a widely-used indicator of inflation in Switzerland.
- It excludes volatile energy and housing costs to provide a more stable measure of price trends.
- The index is harmonized across European countries to enable cross-border comparisons.
FAQs
Q: What does this economic trend measure?
A: The HICP Excluding Housing, Water, Electricity, Gas, and Other Fuels measures changes in the prices of a broad basket of consumer goods and services in Switzerland, excluding the most volatile components like housing and energy costs.
Q: Why is this trend relevant for users or analysts?
A: This index provides a more reliable and stable indicator of underlying inflationary pressures in the Swiss economy, which is crucial for central bank policymaking and economic forecasting.
Q: How is this data collected or calculated?
A: The data is collected through a comprehensive survey of consumer purchases and calculated using a weighted average of price changes for the included goods and services.
Q: How is this trend used in economic policy?
A: Central banks and policymakers closely monitor this index to guide monetary policy decisions and forecast economic conditions, as it offers a clearer picture of core inflationary trends.
Q: Are there update delays or limitations?
A: The HICP Excluding Housing data is published on a monthly basis with a short delay, providing timely information to policymakers and analysts.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Overall Index Excluding Housing, Water, Electricity, Gas, and Other Fuels for Switzerland (00XHOUCHM086NEST), retrieved from FRED.