Harmonized Index of Consumer Prices: Recreational and Sporting Services for Switzerland
CP0941CHM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.29
Year-over-Year Change
1.35%
Date Range
12/1/2004 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Recreational and Sporting Services for Switzerland tracks price changes in recreational and sporting services in Switzerland. This indicator provides valuable insights into consumer spending patterns and inflationary pressures in the Swiss 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
The Harmonized Index of Consumer Prices: Recreational and Sporting Services for Switzerland is a subcomponent of the broader Harmonized Index of Consumer Prices (HICP) for Switzerland. The HICP is a key economic indicator used to measure inflation and monitor price stability across the Eurozone.
Methodology
The data is collected and calculated by Eurostat, the statistical office of the European Union.
Historical Context
This index is closely monitored by the Swiss National Bank and other policymakers to assess domestic price dynamics and inform monetary policy decisions.
Key Facts
- The base year for the index is 2015 = 100.
- Switzerland is not a member of the Eurozone but participates in the HICP program.
- Recreational and sporting services account for approximately 3% of the total Swiss HICP basket.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Recreational and Sporting Services for Switzerland measures the price changes of a basket of recreational and sporting services consumed by households in Switzerland.
Q: Why is this trend relevant for users or analysts?
A: This index provides valuable insight into inflationary pressures in the Swiss consumer services sector, which is an important component of the overall economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Eurostat, the statistical office of the European Union, using harmonized methodologies across Eurozone countries.
Q: How is this trend used in economic policy?
A: The Swiss National Bank and other policymakers closely monitor this index to assess domestic price dynamics and inform monetary policy decisions aimed at maintaining price stability.
Q: Are there update delays or limitations?
A: The data is typically published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Recreational and Sporting Services for Switzerland (CP0941CHM086NEST), retrieved from FRED.