Harmonized Index of Consumer Prices: Restaurants and Hotels for France
CP1100FRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.51
Year-over-Year Change
2.81%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Restaurants and Hotels in France measures the change in prices paid by consumers for meals and accommodation services in the country.
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 HICP is a key economic indicator used to track inflation across the Eurozone. The Restaurants and Hotels sub-index provides insights into trends in the hospitality sector, which is an important component of France's service-based economy.
Methodology
The data is collected through surveys of consumer prices by France's National Institute of Statistics and Economic Studies.
Historical Context
Policymakers at the European Central Bank monitor HICP data to guide monetary policy decisions.
Key Facts
- France is the world's most visited country.
- The hospitality sector accounts for over 8% of France's GDP.
- HICP data is published monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Restaurants and Hotels in France measures the change in prices paid by consumers for meals and accommodation services in the country.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into inflation in the hospitality sector, which is an important component of France's service-based economy and a key indicator monitored by policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices by France's National Institute of Statistics and Economic Studies.
Q: How is this trend used in economic policy?
A: Policymakers at the European Central Bank monitor HICP data, including the Restaurants and Hotels sub-index, to guide monetary policy decisions for the Eurozone.
Q: Are there update delays or limitations?
A: HICP data is published monthly by Eurostat with no significant update delays.
Related Trends
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International Merchandise Trade Statistics: Exports: Commodities for France
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Production: Construction: Total for France
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Consumer Price Index: OECD Groups: Services: Total for France
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Bank's Return on Assets for France
DDEI05FRA156NWDB
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for France
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Restaurants and Hotels for France (CP1100FRM086NEST), retrieved from FRED.