Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Germany
DEUCPHP0900IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121.10
Year-over-Year Change
2.19%
Date Range
1/1/1996 - 3/1/2025
Summary
The Consumer Price Index for Recreation and Culture in Germany measures changes in the prices of recreational goods and services, including entertainment, cultural activities, and leisure. This metric is a key indicator of consumer spending patterns and inflationary pressures in the German 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 Recreation and Culture CPI is a component of the broader Consumer Price Index (CPI) and Harmonized Index of Consumer Prices (HICP) for Germany. It tracks the monthly price changes of a basket of goods and services related to recreation, leisure, and cultural activities for German households.
Methodology
The data is collected through surveys of retailers and service providers across Germany.
Historical Context
Policymakers and analysts use this metric to assess consumer demand, inflationary trends, and the overall health of the German economy.
Key Facts
- The Recreation and Culture CPI accounts for around 10% of the total German CPI basket.
- Prices for this category have risen by an average of 2.5% annually over the past decade.
- Trends in the Recreation and Culture CPI can signal changes in consumer preferences and discretionary spending.
FAQs
Q: What does this economic trend measure?
A: The Recreation and Culture Consumer Price Index (CPI) measures the monthly changes in prices for a basket of goods and services related to recreation, leisure, and cultural activities in Germany.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into consumer spending patterns and inflationary pressures in the German economy, which are important for policymakers, businesses, and households.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers and service providers across Germany.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the Recreation and Culture CPI to assess consumer demand, inflationary trends, and the overall health of the German economy.
Q: Are there update delays or limitations?
A: The Recreation and Culture CPI data is published monthly with a typical release lag of 2-3 weeks.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Germany (DEUCPHP0900IXOBM), retrieved from FRED.