Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Argentina
ARGCP120000GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
44.72
Year-over-Year Change
-87.72%
Date Range
12/1/2017 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Miscellaneous Goods and Services in Argentina measures changes in the prices of a broad basket of non-essential consumer items. This key economic indicator provides insight into overall inflationary pressures and consumer spending habits.
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 Miscellaneous Goods and Services CPI is a subcomponent of Argentina's broader Consumer Price Index, which tracks price changes for a representative basket of consumer goods and services. This measure is used by policymakers, analysts, and businesses to gauge inflationary trends and inform economic decision-making.
Methodology
The data is collected through surveys of retail establishments and service providers across Argentina.
Historical Context
The Miscellaneous Goods and Services CPI is a vital input for monetary policy, as it helps the Central Bank of Argentina monitor and respond to changes in the cost of living.
Key Facts
- Argentina's Miscellaneous Goods and Services CPI has a base year of 1999.
- This index covers a wide range of non-essential consumer items, from personal care products to recreation and culture.
- Monitoring the Miscellaneous Goods and Services CPI is crucial for understanding changes in the overall cost of living in Argentina.
FAQs
Q: What does this economic trend measure?
A: The Miscellaneous Goods and Services CPI for Argentina measures changes in the prices of a broad basket of non-essential consumer items, providing insight into overall inflationary pressures and consumer spending habits.
Q: Why is this trend relevant for users or analysts?
A: This measure is used by policymakers, analysts, and businesses to gauge inflationary trends and inform economic decision-making, as it is a vital input for monetary policy and understanding changes in the overall cost of living in Argentina.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and service providers across Argentina.
Q: How is this trend used in economic policy?
A: The Miscellaneous Goods and Services CPI is a vital input for monetary policy, as it helps the Central Bank of Argentina monitor and respond to changes in the cost of living.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Federal Reserve, but there may be delays or limitations in the availability of the most recent information.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Argentina (ARGCP120000GYM), retrieved from FRED.