Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Switzerland
CHECP020000IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
108.04
Year-over-Year Change
0.40%
Date Range
12/1/1982 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Alcoholic Beverages, Tobacco and Narcotics in Switzerland measures changes in the prices paid by consumers for these products over time.
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 Alcoholic Beverages, Tobacco and Narcotics is a component of the broader Consumer Price Index and Harmonized Index of Consumer Prices (HICP) for Switzerland. It is a key economic indicator used to track inflation and assess the cost of living.
Methodology
The data is collected through surveys of consumer purchases and compiled by the Swiss Federal Statistical Office.
Historical Context
This CPI trend is closely monitored by policymakers, economists, and market analysts to understand consumption patterns and inflationary pressures.
Key Facts
- Switzerland's CPI for Alcoholic Beverages, Tobacco and Narcotics has a base year of 2015.
- This CPI component accounts for approximately 4% of the overall Swiss consumer price index.
- Alcoholic beverage prices have a larger weight than tobacco and narcotics in the index.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index for Alcoholic Beverages, Tobacco and Narcotics in Switzerland measures the changes in prices paid by consumers for these products.
Q: Why is this trend relevant for users or analysts?
A: This CPI trend is an important indicator of inflationary pressures and cost of living in Switzerland, helping policymakers and economists assess the broader economic environment.
Q: How is this data collected or calculated?
A: The data is collected through consumer purchase surveys by the Swiss Federal Statistical Office.
Q: How is this trend used in economic policy?
A: This CPI component is closely monitored by the Swiss National Bank and other policymakers to understand consumption patterns and inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The CPI for Alcoholic Beverages, Tobacco and Narcotics is published monthly with a typical 2-week release lag.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Switzerland (CHECP020000IXOBM), retrieved from FRED.