Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Estonia
Index 2015=100
CPHPTT01EEA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
155.10
Year-over-Year Change
61.01%
Date Range
1/1/1996 - 1/1/2024
Summary
The Index 2015=100 measures the price level of consumer purchases in a specified country or region, with the year 2015 set as the base year with an index value of 100.
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 tracks changes in the overall price level of consumer goods and services, providing a broad measure of inflation. It is a key economic indicator used by policymakers, analysts, and consumers to assess the purchasing power of a currency and the cost of living.
Methodology
The data is collected through surveys of consumer expenditures and prices.
Historical Context
Governments and central banks monitor this index to inform monetary and fiscal policies.
Key Facts
- The base year for the Index 2015=100 is 2015.
- It measures changes in the overall price level of consumer goods and services.
- The index is used to assess the purchasing power of a currency and the cost of living.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100 measures the overall price level of consumer goods and services, with the year 2015 as the base year.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflation and purchasing power, which are crucial for consumers, businesses, and policymakers.
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: Governments and central banks monitor this index to inform monetary and fiscal policies aimed at maintaining price stability and protecting consumer purchasing power.
Q: Are there update delays or limitations?
A: The index is updated regularly, but there may be some delays in data reporting.
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Citation
U.S. Federal Reserve, Index 2015=100 (CPHPTT01EEA661N), retrieved from FRED.