Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Argentina
ARGCP100000GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
132.33
Year-over-Year Change
133.02%
Date Range
1/1/2018 - 1/1/2025
Summary
The Consumer Price Index (CPI) for Education in Argentina measures changes in the cost of a fixed basket of educational goods and services. It is a key indicator of inflation and a crucial data point for policymakers and economists analyzing the country's economic conditions.
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 CPI for Education in Argentina is one of the component indices that make up the broader Consumer Price Index. It tracks price changes for items related to education, such as tuition fees, textbooks, and other educational supplies. This data helps provide a comprehensive picture of inflationary pressures in the Argentine economy.
Methodology
The Argentine statistical agency calculates the CPI for Education based on a representative basket of educational goods and services, with prices collected from a sample of providers.
Historical Context
Education spending is a significant part of household budgets, so changes in the CPI for Education are closely monitored by the central bank, government, and financial analysts.
Key Facts
- The CPI for Education has a weight of 4.31% in the overall Argentine CPI basket.
- Argentina's CPI for Education has risen by an average of 44.8% annually over the past 5 years.
- Education costs make up a significant portion of household spending in Argentina.
FAQs
Q: What does this economic trend measure?
A: The CPI for Education in Argentina measures changes in the prices of educational goods and services, including tuition, textbooks, and other school-related costs.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding overall inflationary pressures in the Argentine economy, as education is a major component of household budgets.
Q: How is this data collected or calculated?
A: The Argentine statistical agency collects prices from a sample of educational providers to calculate the CPI for Education.
Q: How is this trend used in economic policy?
A: The CPI for Education is closely monitored by the central bank, government, and financial analysts to assess inflationary dynamics and inform policy decisions.
Q: Are there update delays or limitations?
A: The CPI for Education data is published on a monthly basis, but there may be lags in reporting or limitations in geographic or product coverage.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Argentina (ARGCP100000GYQ), retrieved from FRED.