Producer Prices Index: Type of Goods: Durable Consumer Goods: Total for Switzerland
CHEPITGCD01GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.01
Year-over-Year Change
-95.18%
Date Range
6/1/2003 - 12/1/2022
Summary
The Producer Prices Index (PPI) for Durable Consumer Goods in Switzerland measures the average change in prices received by domestic producers for their output. This metric provides insight into inflationary pressures and supply chain dynamics.
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 Producer Prices Index (PPI) for Durable Consumer Goods in Switzerland tracks the wholesale prices of manufactured products intended for household consumption and with a lifespan over 3 years. This leading indicator is used by economists and policymakers to assess price stability and production-side inflation.
Methodology
The Swiss Federal Statistical Office collects price data from a sample of domestic producers and calculates the PPI using a Laspeyres index formula.
Historical Context
The PPI for Durable Consumer Goods is closely monitored by the Swiss National Bank as part of its mandate to maintain price stability.
Key Facts
- Switzerland's PPI for Durable Consumer Goods uses 2015 as the base year.
- Durable goods account for approximately 18% of the Swiss consumer price index basket.
- The PPI is released monthly by the Swiss Federal Statistical Office.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index (PPI) for Durable Consumer Goods in Switzerland measures the average change in prices received by domestic producers for their output of durable manufactured products.
Q: Why is this trend relevant for users or analysts?
A: The PPI for Durable Consumer Goods is a leading indicator of inflationary pressures and supply chain dynamics, providing valuable insights for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The Swiss Federal Statistical Office collects price data from a sample of domestic producers and calculates the PPI using a Laspeyres index formula.
Q: How is this trend used in economic policy?
A: The PPI for Durable Consumer Goods is closely monitored by the Swiss National Bank as part of its mandate to maintain price stability in the Swiss economy.
Q: Are there update delays or limitations?
A: The PPI for Durable Consumer Goods is released monthly by the Swiss Federal Statistical Office with no known significant update delays or limitations.
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Citation
U.S. Federal Reserve, Producer Prices Index: Type of Goods: Durable Consumer Goods: Total for Switzerland (CHEPITGCD01GPM), retrieved from FRED.