Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Israel
CPGRLE01ILA659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.57
Year-over-Year Change
95.44%
Date Range
1/1/1971 - 1/1/2024
Summary
The Consumer Price Index: All Items Non-Food Non-Energy for Israel measures changes in the prices of non-food and non-energy consumer goods and services. It is a key indicator of underlying inflationary pressures in the Israeli economy.
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 Consumer Price Index: All Items Non-Food Non-Energy for Israel is a subcomponent of the broader Consumer Price Index (CPI) that excludes the volatile food and energy sectors. It provides a more stable measure of core inflation, which is essential for central bank policymaking and economic analysis.
Methodology
The data is collected through a survey of consumer expenditures and prices across a representative basket of goods and services.
Historical Context
This index is closely monitored by the Bank of Israel and other policymakers to gauge inflationary trends and guide monetary policy decisions.
Key Facts
- The base year for this index is 2015.
- It covers approximately 60% of the total CPI basket.
- The index is published monthly by the Central Bureau of Statistics of Israel.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index: All Items Non-Food Non-Energy for Israel measures changes in the prices of consumer goods and services, excluding the volatile food and energy sectors.
Q: Why is this trend relevant for users or analysts?
A: This core inflation measure is essential for central bank policymaking and economic analysis, as it provides a more stable indicator of underlying price pressures in the Israeli economy.
Q: How is this data collected or calculated?
A: The data is collected through a survey of consumer expenditures and prices across a representative basket of goods and services.
Q: How is this trend used in economic policy?
A: The index is closely monitored by the Bank of Israel and other policymakers to gauge inflationary trends and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly by the Central Bureau of Statistics of Israel, with no significant update delays.
Related Trends
National Accounts: GDP by Expenditure: Current Prices: Less: Imports of Goods and Services for Israel
ISRIMPORTQDSMEI
Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Israel
ISRB6FATT01CXCUQ
Bank's Cost to Income Ratio for Israel
DDEI07ILA156NWDB
U.S. Imports of Goods by Customs Basis from Israel
IMP5081
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Israel
ISRCP100000IXOBM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Israel
ISRCP080000IXOBQ
Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Israel (CPGRLE01ILA659N), retrieved from FRED.