Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Estonia
ESTCP090000IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
158.04
Year-over-Year Change
4.58%
Date Range
1/1/1998 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Recreation and Culture in Estonia measures changes in the prices of goods and services related to leisure activities, entertainment, and cultural pursuits. This trend is a key indicator of consumer spending and inflationary pressures in Estonia's recreational 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 CPI for Recreation and Culture in Estonia is a subcomponent of the broader Estonian Consumer Price Index. It tracks the prices of a basket of goods and services that represent household expenditures on leisure, entertainment, and cultural activities. This data is used by policymakers, analysts, and researchers to assess trends in consumer spending and inflationary pressures in the recreation and culture sector.
Methodology
The data is collected by Estonia's national statistical agency through monthly surveys of prices at retail establishments.
Historical Context
The Recreation and Culture CPI is used by the Estonian Central Bank and other policymakers to monitor inflation and inform monetary policy decisions.
Key Facts
- Estonia's Recreation and Culture CPI has a base year of 2015.
- The index covers a wide range of goods and services, from tickets to sporting events to books and newspapers.
- In 2022, the Recreation and Culture CPI rose by 2.9% year-over-year in Estonia.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Recreation and Culture in Estonia measures changes in the prices of goods and services related to leisure activities, entertainment, and cultural pursuits.
Q: Why is this trend relevant for users or analysts?
A: This trend is an important indicator of consumer spending and inflationary pressures in Estonia's recreational economy, which is closely watched by policymakers, analysts, and researchers.
Q: How is this data collected or calculated?
A: The data is collected by Estonia's national statistical agency through monthly surveys of prices at retail establishments.
Q: How is this trend used in economic policy?
A: The Recreation and Culture CPI is used by the Estonian Central Bank and other policymakers to monitor inflation and inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The Recreation and Culture CPI data is published monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Estonia (ESTCP090000IXOBM), retrieved from FRED.