Table 4.
Swiss CPI weights and “low-touch” weights
| Main groups | CPI weights | Low-touch weights | Low-touch add-on |
|---|---|---|---|
| Food and non-alcoholic beverages | 10.31 | 12.00 | 15% |
| Alcoholic beverages and tobacco | 2.91 | 2.94 | |
| Clothing and footwear | 3.59 | 3.63 | |
| Housing and energy | 25.31 | 25.60 | |
| Household goods and services | 3.67 | 3.71 | |
| Healthcare | 14.33 | 14.49 | |
| Transport | 11.58 | 11.04 | –7.7% |
| Communications | 3.11 | 3.14 | |
| Recreation and culture | 8.43 | 7.45 | –3.8% |
| Education | 1.05 | 1.06 | |
| Restaurants and hotels | 9.45 | 8.61 | –10% |
| Other goods and services | 6.25 | 6.32 |
The CPI weight is the share of expenditure in a given category over total expenditures. The low-touch weights are the assumed expenditure shares in the “low-touch” scenario. They are calculated by adding fixed markups (or markdowns) to the CPI weights for 2020. the fourth column gives the average add-on per main group. Weights are normalized and applied from June 2020 until the end of the forecast period