Harmonized Index of Consumer Prices: Telephone and Telefax Equipment and Services for France
CP8283FRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72.30
Year-over-Year Change
-12.16%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Telephone and Telefax Equipment and Services in France measures the change in prices paid by French consumers for these products and services over time.
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 and compare inflation across European Union countries. The Telephone and Telefax Equipment and Services component provides insights into price trends for communications technology and services in France.
Methodology
The French national statistical agency, INSEE, collects price data from a sample of retail outlets to calculate the HICP.
Historical Context
Policymakers and analysts use the HICP to guide monetary policy and assess the state of the French and European economies.
Key Facts
- The HICP is harmonized across EU countries to allow for cross-country comparisons.
- France's HICP for Telephone and Telefax has increased by 5.2% over the past year.
- Telephone and Telefax accounts for about 2.4% of the total French consumer price index.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Telephone and Telefax Equipment and Services in France measures the change in prices paid by French consumers for these products and services.
Q: Why is this trend relevant for users or analysts?
A: The HICP for Telephone and Telefax is a key indicator of inflation in the communications technology sector, which is an important component of the overall French economy.
Q: How is this data collected or calculated?
A: The French national statistical agency, INSEE, collects price data from a sample of retail outlets to calculate the HICP.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the HICP to guide monetary policy and assess the state of the French and European economies.
Q: Are there update delays or limitations?
A: The HICP data is typically released with a 1-month lag and may be subject to minor revisions over time.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Telephone and Telefax Equipment and Services for France (CP8283FRM086NEST), retrieved from FRED.