National index of consumer prices
The national index of consumer prices (CPI) measures the inflation of the most important consumer goods (goods and services) for Swiss private households . The average of the population is taken in order to obtain a "truthful" value. The CPI measures price development using a shopping basket that contains around 1050 goods and services. These are weighted according to their share in the household budget.
The LIK is collected by the Federal Statistical Office .
Legal basis
The Federal Statistics Law of 9 October 1992 (SR 431.01) and the Ordinance on the Conduct of Federal Statistical Surveys of 30 June 1993 (SR 431.012.1) serve as the legal basis for the national consumer price index.
Type of survey
The LIK is a sample survey - on site, by telephone, internet, post or using scanner data. Around 50,000 prices are collected at around 3,000 sales outlets every month. Participation in the survey is compulsory.
execution
The CPI has been collected since 1914. In 1939, 1966, 1977, 1982, 1993, 2000, 2005 and 2010 there were extensive revisions with rebasing. Today the survey takes place every month during the first two weeks of the month (exception: survey of the prices for heating oil and fuels in the 1st and 3rd week of the month).
Composition of the shopping cart
The shopping cart of the LIK 2012 is composed as follows:
Main group | %-Proportion of |
---|---|
Food and non-alcoholic beverages | 10.306 |
Alcoholic beverages and tobacco | 1.761 |
Clothing and shoes | 4.084 |
Housing and energy | 26,156 |
Household items and current housekeeping | 4,752 |
Health care | 14.632 |
traffic | 10,833 |
Messaging | 2.937 |
Leisure and culture | 9,563 |
Education and instruction | 0.676 |
Restaurants and hotels | 8,843 |
Other goods and services | 5.457 |
Taxes, liability insurance and health insurance premiums are not included, as this should exclusively concern "private consumption". For example, the prices of the drugs and not the health insurance premiums are measured.
Importance of the LIK
The LIK is of great informational importance for:
- Consumer behavior: decisions about saving or consuming
- public institutions (social insurance, federal government, cantons and municipalities): economic policy and discussion of inflation → adjustment of budget, pensions and premiums.
- Company: assessment of the economic situation
- Private households: decisions about saving or consuming
- Swiss National Bank : Monetary Policy Inflation
Web links
Sources and individual references
- Federal Statistical Office (FSO), national consumer price index, weighting 2012 , Neuchâtel 2012
- Federal Statistical Office (FSO), national consumer price index (LIK), profile
- ↑ http://www.admin.ch/ch/d/sr/c431_01.html
- ↑ http://www.admin.ch/ch/d/sr/c431_012_1.html
- ↑ FSO, National Index of Consumer Prices (LIK), shopping cart and weighting 2012 ( memento of the original from March 19, 2012 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. (As of February 10, 2012)