Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Spain
ESPCP100000CTGYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.05
Year-over-Year Change
-19.15%
Date Range
1/1/2010 - 3/1/2025
Summary
This index measures the changes in the prices of education-related goods and services in Spain, providing valuable insights into the country's education costs 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 Consumer Price Index (CPI) for Education in Spain tracks the changes in the prices of educational goods and services, including tuition fees, textbooks, and other educational supplies. This indicator is crucial for understanding the cost of living and the impact of inflation on households.
Methodology
The data is collected by Spain's National Statistics Institute (INE) through a monthly survey of prices.
Historical Context
The CPI for Education is used by policymakers, analysts, and consumers to monitor the affordability of education and make informed decisions.
Key Facts
- The base year for the CPI for Education in Spain is 2015.
- Education accounts for approximately 2.5% of the overall CPI basket in Spain.
- The CPI for Education in Spain has increased by 5.2% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This index measures the changes in the prices of education-related goods and services in Spain, including tuition fees, textbooks, and other educational supplies.
Q: Why is this trend relevant for users or analysts?
A: The CPI for Education is crucial for understanding the cost of living and the impact of inflation on households, as well as for monitoring the affordability of education in Spain.
Q: How is this data collected or calculated?
A: The data is collected by Spain's National Statistics Institute (INE) through a monthly survey of prices.
Q: How is this trend used in economic policy?
A: The CPI for Education is used by policymakers, analysts, and consumers to monitor the affordability of education and make informed decisions.
Q: Are there update delays or limitations?
A: The CPI for Education data is released monthly by the INE, with a typical delay of 4-6 weeks.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Spain (ESPCP100000CTGYM), retrieved from FRED.