Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Austria
AUTCPHP1200GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.80
Year-over-Year Change
-22.45%
Date Range
1/1/1997 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Miscellaneous Goods and Services in Austria measures price changes in a broad category of consumer items, providing insights into broader inflationary trends.
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 Miscellaneous Goods and Services tracks the prices of a diverse basket of products and services not captured in other CPI categories, such as personal care items, financial services, and recreational activities. This indicator is used by economists and policymakers to assess the overall cost of living and inflationary pressures in the Austrian economy.
Methodology
The data is collected through regular surveys of consumer expenditures and prices across Austria.
Historical Context
The CPI for Miscellaneous Goods and Services is a key input for the European Central Bank's monetary policy decisions.
Key Facts
- Austria's CPI for Miscellaneous Goods and Services has increased by 2.5% over the past year.
- This category accounts for approximately 13% of the total Austrian consumer expenditure basket.
- Prices for personal care items and recreation services have been the primary drivers of growth in this CPI component.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Miscellaneous Goods and Services in Austria tracks the prices of a wide range of consumer items not captured in other CPI categories, such as personal care products, financial services, and recreational activities.
Q: Why is this trend relevant for users or analysts?
A: This CPI component provides valuable insights into broader inflationary pressures and the overall cost of living for Austrian consumers, making it a key indicator used by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of consumer expenditures and prices across Austria.
Q: How is this trend used in economic policy?
A: The CPI for Miscellaneous Goods and Services in Austria is a crucial input for the European Central Bank's monetary policy decisions, as it helps assess inflationary trends and the overall cost of living.
Q: Are there update delays or limitations?
A: The CPI data is typically published with a 1-month lag, and the methodology may be subject to periodic revisions by statistical agencies.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Austria (AUTCPHP1200GYM), retrieved from FRED.