Harmonized Index of Consumer Prices: Gardens, Plants and Flowers for Switzerland
CP0933CHM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.65
Year-over-Year Change
-0.97%
Date Range
12/1/2004 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Gardens, Plants and Flowers in Switzerland measures price changes for a basket of gardening and horticulture products. It is a key economic indicator used to assess inflation and guide monetary policy.
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 HICP for Gardens, Plants and Flowers is a subcomponent of the broader Swiss HICP, which tracks consumer price changes across a wide range of goods and services. This specific index provides insights into price trends for products related to home gardening, landscaping, and floriculture.
Methodology
The data is collected through surveys of businesses and consumers as part of the overall HICP program.
Historical Context
Policymakers and analysts monitor the HICP as a barometer of inflationary pressures in the Swiss economy.
Key Facts
- HICP covers over 700 consumer goods and services in Switzerland.
- Gardening and horticulture make up around 0.5% of the overall HICP basket.
- Switzerland has one of the longest-running HICP series, dating back to 1996.
FAQs
Q: What does this economic trend measure?
A: The HICP for Gardens, Plants and Flowers measures price changes for a basket of gardening and horticulture products in Switzerland.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into inflationary pressures within the gardening and horticulture sector, which is relevant for policymakers, businesses, and consumers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and consumers as part of the overall HICP program.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor the HICP, including this subcomponent, as a key indicator of inflationary pressures to guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a typical 2-3 week delay, providing timely insights into price trends.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Gardens, Plants and Flowers for Switzerland (CP0933CHM086NEST), retrieved from FRED.