Switzerland Consumer Price Index (CPI): Local Source Base Year: Education

Switzerland Consumer Price Index (CPI): Local Source Base Year: Education data was reported at 102.752 Dec2020=100 in Dec 2023. This stayed constant from the previous number of 102.752 Dec2020=100 for Nov 2023. Switzerland Consumer Price Index (CPI): Local Source Base Year: Education data is updated monthly, averaging 79.591 Dec2020=100 from Dec 1982 (Median) to Dec 2023, with 493 observations. The data reached an all-time high of 102.752 Dec2020=100 in Dec 2023 and a record low of 36.978 Dec2020=100 in Jan 1983. Switzerland Consumer Price Index (CPI): Local Source Base Year: Education data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Switzerland – Table CH.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member. The index measures changes in the price of a basket of goods and services bought by private households. Type of prices: Cash prices on an acquisition basis, unconditional subsidies and discounts are reflected. Sale prices recorded in temporary reductions, money off coupons, loyalty cards, free gifts are ignored. Rents are net of electricity, water and heating charges. Rebates: Rebates are considered on a case by case basis Method of collection: Most prices are collected from retail sales outlets and service establishments (for some major retailers with a central pricing policy supply prices directly to SFSO using printed or electronic forms). There is central collection for utilities either by printed form or by telephone. Central collection is used from mail order catalogues for clothing, electrical goods, household furniture, or by means of mail and questionnaires. Treatment of rentals for housing: The index icludes a measure of rented housing Treatment of Owner-Occupied Housing: The rental equivalence method is used. The weight for owners is included in rents. Treatment of missing prices: If a price is temporarily unavailable (not more than 3 months), last price collected is carried forward. if the price is permanently unavailable, then a replacement is selected. Treatment of quality changes: Small quality changes are not taken into account, while prices are adjusted for substantial quality change, wherever quality difference can be quantified. Otherwise products are considered as totally new ones and they are linked into the index. Replacement items: Price collectors select products with significant market share and, where possible, with the same quality. The quality is defined in terms of characteristics listed in the product description (collectors consult retailers on these issues). Introduction of new items: The list of varieties is reviewed continuously and rules are established to introduce new products. Treatment of seasonal items: Fresh fruit and vegetables prices are collected for pre-specified months and the last available price is carried forward for months with no collection. The weights are held constant throughout year for all the types of fruit and vegetables.; Index series starts in January 1982

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