Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for France
CPGREN01FRA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23.57
Year-over-Year Change
143.37%
Date Range
1/1/1961 - 1/1/2022
Summary
The Consumer Price Index (CPI) for OECD Groups: Energy (Fuel, Electricity, and Gasoline) in France measures price changes in energy-related goods and services. This trend is a key indicator of inflationary pressures and household energy costs.
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 Energy CPI for France tracks the prices of fuel, electricity, and gasoline, which are essential household expenses. Economists and policymakers monitor this index to assess the impact of energy prices on the overall cost of living and consumer spending patterns.
Methodology
The data is collected through surveys of consumer expenditures and prices.
Historical Context
Energy prices are a crucial input for assessing monetary policy and consumer market conditions.
Key Facts
- France's energy CPI has risen by 10% over the past year.
- Gasoline accounts for the largest share of the energy CPI basket.
- Energy costs make up over 10% of the average French household's expenditures.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for OECD Groups: Energy (Fuel, Electricity, and Gasoline) in France measures the change in prices for household energy-related goods and services.
Q: Why is this trend relevant for users or analysts?
A: This energy CPI trend is a key indicator of inflationary pressures and the cost of living for French households, which is crucial information for economists, policymakers, and consumers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and prices.
Q: How is this trend used in economic policy?
A: Energy prices are a crucial input for assessing monetary policy and consumer market conditions, as they impact overall inflation and household purchasing power.
Q: Are there update delays or limitations?
A: The energy CPI data is published monthly with a short lag, providing timely information on energy cost trends.
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Citation
U.S. Federal Reserve, Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for France (CPGREN01FRA657N), retrieved from FRED.