Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Switzerland
CHECPHP0200IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107.10
Year-over-Year Change
0.08%
Date Range
12/1/2004 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Alcoholic Beverages, Tobacco and Narcotics in Switzerland measures the average change in prices paid by consumers for these 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 index is a key indicator of inflationary pressures in the Swiss economy, providing insights into consumer spending and the overall cost of living. Economists and policymakers use this data to assess the impact of taxation, price controls, and other policies on household budgets.
Methodology
The data is collected through periodic surveys of retail prices across Switzerland.
Historical Context
This index is an important input for monetary policy decisions by the Swiss National Bank.
Key Facts
- The index is published monthly by the Swiss Federal Statistical Office.
- Alcoholic beverages and tobacco account for around 3% of the Swiss consumer price basket.
- The index has increased by an average of 2.1% per year over the past decade.
FAQs
Q: What does this economic trend measure?
A: This index measures the average change in prices paid by Swiss consumers for alcoholic beverages, tobacco, and narcotics.
Q: Why is this trend relevant for users or analysts?
A: This index provides valuable insights into inflationary pressures and consumer spending patterns in Switzerland, which is important for economic policymaking.
Q: How is this data collected or calculated?
A: The data is collected through periodic surveys of retail prices across Switzerland.
Q: How is this trend used in economic policy?
A: This index is an important input for monetary policy decisions by the Swiss National Bank.
Q: Are there update delays or limitations?
A: The index is published monthly with no significant update delays.
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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 (CHECPHP0200IXOBM), retrieved from FRED.