Consumer Opinion Surveys: Consumer Prices: Future Tendency for Ireland
CSINFT02IEM460S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.40
Year-over-Year Change
76.09%
Date Range
1/1/1985 - 6/1/2025
Summary
This economic trend measures consumer expectations about future price changes in Ireland. It provides insights into inflation dynamics and consumer sentiment, which are crucial for policymakers and economists.
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 Opinion Surveys: Consumer Prices: Future Tendency for Ireland tracks consumers' expectations of price changes in the near future. This forward-looking indicator helps economists and policymakers understand inflationary pressures and consumer behavior.
Methodology
The data is collected through consumer surveys conducted by the European Commission.
Historical Context
This trend is used to assess the state of the Irish economy and consumer confidence, informing monetary and fiscal policy decisions.
Key Facts
- The data is collected monthly.
- It is part of the European Commission's Consumer Survey program.
- Positive values indicate expected price increases.
FAQs
Q: What does this economic trend measure?
A: This trend measures consumer expectations about future price changes in Ireland. It provides insights into inflation dynamics and consumer sentiment.
Q: Why is this trend relevant for users or analysts?
A: This forward-looking indicator helps economists and policymakers understand inflationary pressures and consumer behavior, which is crucial for making informed economic decisions.
Q: How is this data collected or calculated?
A: The data is collected through consumer surveys conducted by the European Commission.
Q: How is this trend used in economic policy?
A: This trend is used to assess the state of the Irish economy and consumer confidence, informing monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly, with no significant update delays.
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Citation
U.S. Federal Reserve, Consumer Opinion Surveys: Consumer Prices: Future Tendency for Ireland (CSINFT02IEM460S), retrieved from FRED.