Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Switzerland
CHECP080000GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.96
Year-over-Year Change
82.78%
Date Range
12/1/1983 - 4/1/2025
Summary
The Consumer Price Index: Communication for Switzerland measures the changes in prices for communication services and devices in the country. This important economic indicator provides insights into the inflation dynamics of the communication sector.
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 Communication CPI is a component of the broader Consumer Price Index (CPI) and Harmonized Index of Consumer Prices (HICP) for Switzerland. It tracks the prices paid by consumers for a basket of communication-related goods and services, including telephone and internet services, equipment, and accessories.
Methodology
The data is collected through surveys of consumer expenditures and prices by the Swiss Federal Statistical Office.
Historical Context
This index is used by policymakers, economists, and markets to analyze inflation trends and inform monetary policy decisions.
Key Facts
- Communication CPI is a component of the broader Swiss CPI and HICP.
- It tracks prices for phone, internet, and other communication services and devices.
- This index provides insights into inflation dynamics in the communication sector.
FAQs
Q: What does this economic trend measure?
A: The Communication CPI measures changes in the prices of communication services and devices purchased by consumers in Switzerland.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator of inflation in the communication sector, which is crucial for understanding overall price dynamics and informing monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through consumer expenditure and price surveys by the Swiss Federal Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and market participants use the Communication CPI to analyze inflation trends and inform monetary policy in Switzerland.
Q: Are there update delays or limitations?
A: The Communication CPI is updated regularly by the Swiss Federal Statistical Office, but there may be some delays in data availability.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Switzerland (CHECP080000GYM), retrieved from FRED.