Consumer Price Index: Harmonized Prices: Transport (COICOP 07): Total for Switzerland
CHECPHP0700IXEBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107.30
Year-over-Year Change
-1.58%
Date Range
12/1/2004 - 11/1/2023
Summary
The Consumer Price Index: Harmonized Prices: Transport (COICOP 07): Total for Switzerland measures the change in prices for transport-related goods and services in Switzerland, providing insights into inflationary 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
This index tracks the prices of a basket of transportation-related items, including fuel, vehicle purchases, public transport fares, and other mobility costs. It is a key indicator used by economists and policymakers to assess Swiss inflation and consumer spending patterns.
Methodology
The data is collected through a nationwide survey of consumer prices by the Swiss Federal Statistical Office.
Historical Context
The index is closely monitored by the Swiss National Bank and other institutions to inform monetary policy decisions.
Key Facts
- The index has a base year of 2015.
- Transportation accounts for around 13% of the Swiss consumer price basket.
- The index reached its highest level in December 2022.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index: Harmonized Prices: Transport (COICOP 07): Total for Switzerland measures the change in prices for a basket of transportation-related goods and services in Switzerland.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflationary pressures and consumer spending patterns in Switzerland, providing important insights for economists, policymakers, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer prices by the Swiss Federal Statistical Office.
Q: How is this trend used in economic policy?
A: The Swiss National Bank and other institutions closely monitor this index to inform monetary policy decisions and assess the state of the Swiss economy.
Q: Are there update delays or limitations?
A: The index is published monthly with a typical delay of around two weeks.
Related Trends
Harmonized Index of Consumer Prices: Bread and Cereals for Switzerland
CP0111CHM086NEST
International Merchandise Trade Statistics: Imports: Commodities for Switzerland
XTIMVA01CHM664S
Gross Portfolio Debt Liabilities to GDP for Switzerland
DDDM10CHA156NWDB
Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 25 to 54 Years for Switzerland
LRAC25MACHA156N
Use of Financial Services: Key Indicators, Outstanding Deposits of Households with Commercial Banks for Switzerland
CHEFCLODCHGGDPPT
Production: Manufacturing: Total Manufacturing for Switzerland
PRMNTO01CHA657S
Citation
U.S. Federal Reserve, Consumer Price Index: Harmonized Prices: Transport (COICOP 07): Total for Switzerland (CHECPHP0700IXEBM), retrieved from FRED.