Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Switzerland
CHECP050000CTGYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.08
Year-over-Year Change
261.17%
Date Range
1/1/2010 - 4/1/2025
Summary
The Consumer Price Index for Furnishings, Household Equipment and Routine Household Maintenance in Switzerland measures the change in prices for a basket of household goods and services. This is a key economic indicator used to track inflation and consumer spending patterns.
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 series tracks the prices of a wide range of household items, from furniture and appliances to cleaning supplies and household maintenance services. It is an important barometer of consumer inflation and purchasing power in Switzerland.
Methodology
The data is collected through surveys of prices from households and businesses across the country.
Historical Context
Policymakers and analysts use this index to assess the overall health of the Swiss economy and inform decisions on monetary policy.
Key Facts
- The base year for this CPI series is 2015.
- Switzerland has one of the lowest inflation rates in Europe.
- Household goods and services account for around 15% of the consumer price basket in Switzerland.
FAQs
Q: What does this economic trend measure?
A: This CPI series measures the change in prices for a basket of household goods and services in Switzerland, including furniture, appliances, and routine home maintenance.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator of consumer inflation and household spending patterns in Switzerland, which is crucial information for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of prices from households and businesses across Switzerland.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this CPI index to assess the overall health of the Swiss economy and inform decisions on monetary policy, such as interest rate adjustments.
Q: Are there update delays or limitations?
A: The CPI data is published monthly with a short delay, providing timely information on consumer price trends in Switzerland.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Switzerland (CHECP050000CTGYM), retrieved from FRED.