Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Switzerland
CHECP090000IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107.24
Year-over-Year Change
-0.69%
Date Range
12/1/1982 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Recreation and Culture in Switzerland measures changes in the prices of goods and services related to recreational activities, cultural events, and entertainment. This economic indicator is widely used by policymakers and analysts to gauge consumer spending patterns and inflation pressures.
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 Recreation and Culture in Switzerland is a sub-index of the broader Consumer Price Index, which tracks changes in the cost of a representative basket of consumer goods and services. This specific index focuses on measuring price trends for items like sports equipment, hobbies, entertainment, and cultural experiences.
Methodology
The Swiss Federal Statistical Office collects price data from a sample of retailers to calculate this index.
Historical Context
The Recreation and Culture CPI provides insights into consumer behavior and discretionary spending that are relevant for economic and policy analysis.
Key Facts
- The Recreation and Culture CPI accounts for about 8% of the overall Swiss CPI basket.
- Prices in this category have risen by an average of 1.2% annually over the past decade.
- Entertainment and cultural services make up the largest component of the Recreation and Culture CPI.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Recreation and Culture in Switzerland measures changes in the prices of goods and services related to recreational activities, cultural events, and entertainment.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into consumer spending patterns and discretionary income, which are important for understanding broader economic conditions and inflationary pressures.
Q: How is this data collected or calculated?
A: The Swiss Federal Statistical Office collects price data from a sample of retailers to calculate this index.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the Recreation and Culture CPI to gauge consumer behavior and assess the overall health of the Swiss economy.
Q: Are there update delays or limitations?
A: The Recreation and Culture CPI is published monthly with a short delay, providing timely data for economic analysis.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Switzerland (CHECP090000IXOBM), retrieved from FRED.