Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Estonia
Index 2015=100, Annual
CPALTT01EEA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
154.03
Year-over-Year Change
57.36%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures the annual rate of change in the consumer price index (CPI) for education-related goods and services in Europe, with a base year of 2015 = 100. It provides insight into inflationary pressures in the education sector.
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 Education Annual index tracks the year-over-year change in prices for a basket of educational goods and services, including tuition, textbooks, and other school-related costs. This metric is widely used by economists and policymakers to assess the affordability of education and inform decisions on educational investments and subsidies.
Methodology
The data is collected through consumer surveys and calculated by the U.S. Federal Reserve.
Historical Context
This index is a key input for monetary policy decisions and can influence government funding for education programs.
Key Facts
- The base year for this index is 2015 = 100.
- Education costs have risen faster than overall inflation in Europe in recent years.
- This index is a leading indicator for affordability of higher education.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual rate of change in the consumer price index (CPI) for education-related goods and services in Europe, with a base year of 2015 = 100.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into inflationary pressures in the education sector, which is crucial for assessing the affordability of education and informing policy decisions on educational investments and subsidies.
Q: How is this data collected or calculated?
A: The data is collected through consumer surveys and calculated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: This index is a key input for monetary policy decisions and can influence government funding for education programs.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Federal Reserve, but there may be some delays in data availability or geographic coverage limitations.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual (CPALTT01EEA661N), retrieved from FRED.