Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for France
CPGRLE01FRQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.54
Year-over-Year Change
11.51%
Date Range
4/1/1970 - 7/1/2023
Summary
The Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for France is a key economic indicator that measures changes in the prices of consumer goods and services, excluding food and energy, in France.
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
This index is used by economists and policymakers to track underlying inflationary pressures in the French economy, excluding the volatile food and energy sectors. It provides insights into consumer spending habits and the overall cost of living.
Methodology
The data is collected through a nationwide survey of retail prices and calculated using a fixed-basket methodology.
Historical Context
The index is closely monitored by the European Central Bank and French government as a guide for monetary and fiscal policy decisions.
Key Facts
- The index is published monthly by the OECD.
- It has a base year of 2015 = 100.
- France's non-food, non-energy CPI reached a high of 104.58 in May 2022.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for France measures changes in the prices of consumer goods and services, excluding food and energy, in France.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into underlying inflationary pressures in the French economy, excluding the volatile food and energy sectors. It is closely monitored by policymakers and economists to guide monetary and fiscal policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of retail prices and calculated using a fixed-basket methodology.
Q: How is this trend used in economic policy?
A: The non-food, non-energy CPI for France is used by the European Central Bank and French government as a guide for monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly by the OECD, with no significant update delays.
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Citation
U.S. Federal Reserve, Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for France (CPGRLE01FRQ657N), retrieved from FRED.