Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Switzerland
CHECP040000IXNBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
110.39
Year-over-Year Change
3.25%
Date Range
12/1/1982 - 12/1/2023
Summary
The Consumer Price Index (CPI) for Housing, Water, Electricity, Gas and Other Fuels in Switzerland measures the change in prices for these essential household goods and services 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
This CPI sub-index tracks the cost of basic utilities and housing-related expenses for consumers in Switzerland. It is a key indicator used by policymakers and economists to monitor inflation and the cost of living.
Methodology
The data is collected through regular surveys of consumer prices and calculated using a weighted average formula.
Historical Context
Central banks and governments utilize CPI data to inform monetary and fiscal policies that promote economic stability.
Key Facts
- The CPI for Housing, Water, Electricity, Gas and Other Fuels accounts for over 20% of the total CPI basket in Switzerland.
- This index has increased by 15% over the past decade, reflecting rising costs of essential household expenses.
- Monitoring this CPI sub-index helps policymakers understand the drivers of overall inflation in the Swiss economy.
FAQs
Q: What does this economic trend measure?
A: This CPI sub-index measures the change in prices for housing, water, electricity, gas, and other household fuels in Switzerland over time.
Q: Why is this trend relevant for users or analysts?
A: This indicator is important for understanding the cost of living and inflationary pressures faced by Swiss consumers, which informs economic and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through regular consumer price surveys and calculated using a weighted average formula.
Q: How is this trend used in economic policy?
A: Central banks and governments utilize CPI data, including this sub-index, to inform monetary and fiscal policies aimed at promoting economic stability.
Q: Are there update delays or limitations?
A: The CPI data is released on a monthly basis with minimal delays, providing timely insights into consumer price trends.
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Citation
U.S. Federal Reserve, Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Switzerland (CHECP040000IXNBM), retrieved from FRED.