Switzerland - Consumer Price Index (CPI)

For Switzerland, a monthly consumer price index, detailed by COICOP main groups, origin, supplementary classifications, etc. It is an average measure of pure change in prices of goods and services bought for the purpose of consumption by the resident households in Switzerland.

Active:

• Classification: COICOP
• Measurements:
  • Fixed-base index relative to 2020
  • Year-over-year percent change (% Y/Y)
• Adjustment: Not seasonally adjusted (NSA)
• Native frequency: Monthly
• Start date: As early as 1982m1

Predecessors:

• 2015=100 - 1982 to 2020
• 2010=100 - 1982 to 2015
• 2005=100
• 2000=100

• Population coverage: All private households residing permanently in Switzerland.
• Geographic coverage: All of Switzerland; sample of 11 regions nationwide selected among the 7 major regions.
• Item coverage: All goods and services bought by the reference population for the purposes of consumption; expenditure on direct taxes, cash gifts, gambling and illegal activities are excluded; the CPI has 12 main groups,122 groups of goods, 254 index positions and 1100 survey positions.
• Classification system: As defined by the international product nomenclature COICOP (Classification of Individual Consumption by Purpose).
• Sources of weights: The Household Budget Survey conducted by the Swiss Federal Statistical Office (FSO) during January-December T-2 among 3'000 private households of all socio-economic groups.
• Time period of current weights: December T-1.
• Frequency of weight updates: The Consumer Price Index is designed as a relative chain index which is reweighted annually in December.
• Item selection: The selection of products is purposive; within item specification, price collectors, in cooperation with sales outlets representatives, select products with significant market share. With scanner data the best selling items per survey position are selected
• Timing of price observation: Most prices are collected once a month during the first two weeks of the month. Fuel and gasoline prices are collected twice a month (at the beginning and at mid-month). Food and near food prices from the most important retailers are collected during for the 2 first weeks of the month using scanner data. In and out of season months are defined for fruits, clothing and some other products. Prices of some services are collected on a quarterly basis.
• Method used to combine basic price observations: Separate indices are calculated for each index position, region and type of outlet. The indices represent the geometric mean of price ratios between the current and base period
• Timeliness: Data are published within the first half of the month following the reference month.

Moody's Analytics supplements

For the general index, we extend to 1955, then compute a seasonally adjusted counterpart.

No. Only the final data is released, and is not subject to revision.

Further reading

At IMF (SDDS Plus):

• Price index: Consumer prices