Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Czechia
CZECPHP1200GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.10
Year-over-Year Change
6.90%
Date Range
1/1/1997 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Miscellaneous Goods and Services in Czechia measures changes in the prices of a variety of consumer items, providing insights into overall consumer price trends and inflation.
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 CPI for Miscellaneous Goods and Services is a subcomponent of the broader Consumer Price Index, which tracks the average change in prices paid by consumers for a basket of goods and services. This particular index focuses on a diverse range of items beyond the core categories of food, energy, and housing.
Methodology
The data is collected through surveys of retail establishments and service providers across Czechia.
Historical Context
Policymakers and analysts use this index to assess inflationary pressures and inform economic decision-making.
Key Facts
- The CPI for Miscellaneous Goods and Services in Czechia has a base year of 2015.
- This index tracks a diverse range of consumer items, including personal care products, recreation, and education.
- Czechia's CPI for Miscellaneous Goods and Services is released monthly by the Czech Statistical Office.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Miscellaneous Goods and Services in Czechia measures the changes in prices of a variety of consumer items beyond the core categories of food, energy, and housing.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into overall consumer price trends and inflation in Czechia, which is crucial information for policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and service providers across Czechia.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess inflationary pressures and inform economic decision-making, such as setting monetary policy and adjusting consumer spending forecasts.
Q: Are there update delays or limitations?
A: The CPI for Miscellaneous Goods and Services in Czechia is released monthly by the Czech Statistical Office, with no significant update delays.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Czechia (CZECPHP1200GYM), retrieved from FRED.