Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Austria
AUTCPICORAINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
131.43
Year-over-Year Change
39.33%
Date Range
1/1/1966 - 1/1/2024
Summary
The Consumer Price Index (CPI) for All Items Non-Food Non-Energy in Austria measures changes in the prices of goods and services excluding food and energy, providing insights into underlying inflationary pressures in the economy.
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 All Items Non-Food Non-Energy is a key economic indicator used to assess the overall price levels in Austria, excluding the volatile food and energy sectors. It serves as an important measure of core inflation and helps guide monetary policy decisions.
Methodology
The data is collected through a nationwide survey of consumer prices and calculated by the Austrian Statistical Office.
Historical Context
This index is closely monitored by the European Central Bank and Austrian policymakers to understand domestic price dynamics and inform economic policy.
Key Facts
- Austria's CPI for All Items Non-Food Non-Energy uses 2015 as the base year.
- This index excludes volatile food and energy prices to better reflect underlying inflationary trends.
- The index is published monthly by the Austrian Statistical Office.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index for All Items Non-Food Non-Energy in Austria measures changes in the prices of goods and services, excluding food and energy, to provide insights into core inflationary pressures in the economy.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of underlying inflation in Austria, helping policymakers and economists assess domestic price dynamics and guide monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer prices and calculated by the Austrian Statistical Office.
Q: How is this trend used in economic policy?
A: The CPI for All Items Non-Food Non-Energy is closely monitored by the European Central Bank and Austrian policymakers to understand domestic price pressures and inform economic policy.
Q: Are there update delays or limitations?
A: The index is published monthly by the Austrian Statistical Office with no significant update delays.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Austria (AUTCPICORAINMEI), retrieved from FRED.