National Accounts: National Accounts Deflators: Private Consumption Expenditure Deflator: Implicit Price Deflator Total for Switzerland
CHENAGICE01IXOBSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
106.25
Year-over-Year Change
5.08%
Date Range
1/1/1980 - 7/1/2023
Summary
The National Accounts: National Accounts Deflators: Private Consumption Expenditure Deflator: Implicit Price Deflator Total for Switzerland measures changes in the overall price level of consumer goods and services in Switzerland's economy.
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 deflator tracks the price movements of a comprehensive basket of consumer goods and services purchased by households in Switzerland. It is a key indicator used by economists and policymakers to assess the purchasing power of Swiss consumers and the overall cost of living.
Methodology
The data is calculated by the Swiss Federal Statistical Office based on detailed price surveys of consumer expenditures.
Historical Context
The private consumption deflator is widely referenced in Switzerland's economic policy discussions and monetary policy decisions.
Key Facts
- The base year for the deflator is 2015.
- The deflator covers over 600 individual consumer goods and services.
- It is published quarterly by the Swiss Federal Statistical Office.
FAQs
Q: What does this economic trend measure?
A: The National Accounts: National Accounts Deflators: Private Consumption Expenditure Deflator: Implicit Price Deflator Total for Switzerland measures changes in the overall price level of consumer goods and services purchased by households in the Swiss economy.
Q: Why is this trend relevant for users or analysts?
A: This deflator is a key indicator used by economists and policymakers in Switzerland to assess the purchasing power of consumers and the overall cost of living in the country.
Q: How is this data collected or calculated?
A: The data is calculated by the Swiss Federal Statistical Office based on detailed price surveys of consumer expenditures.
Q: How is this trend used in economic policy?
A: The private consumption deflator is widely referenced in Switzerland's economic policy discussions and monetary policy decisions.
Q: Are there update delays or limitations?
A: The deflator is published quarterly by the Swiss Federal Statistical Office with minimal delays.
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Citation
U.S. Federal Reserve, National Accounts: National Accounts Deflators: Private Consumption Expenditure Deflator: Implicit Price Deflator Total for Switzerland (CHENAGICE01IXOBSAQ), retrieved from FRED.