Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Estonia
ESTCP120000IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
160.03
Year-over-Year Change
5.79%
Date Range
1/1/1998 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Miscellaneous Goods and Services in Estonia measures changes in the prices paid by consumers for a broad range of non-essential items. This metric is a key indicator of inflationary pressures and consumer purchasing power.
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 Miscellaneous Goods and Services CPI for Estonia is a subcomponent of the broader Consumer Price Index, which tracks the average change in prices paid by consumers across a basket of goods and services. This specific index focuses on discretionary, non-essential items that are not part of the core expenditure categories.
Methodology
The data is collected through regular surveys of consumer prices by Estonia's national statistical agency.
Historical Context
Policymakers and analysts monitor this CPI metric to assess overall inflation levels and household spending trends.
Key Facts
- The Miscellaneous Goods and Services CPI is a subcomponent of the broader Estonian CPI.
- This index excludes essential expenditures like food, housing, and transportation.
- Tracking the Miscellaneous Goods and Services CPI provides insights into discretionary consumer spending.
FAQs
Q: What does this economic trend measure?
A: The Miscellaneous Goods and Services CPI for Estonia measures changes in the prices paid by consumers for a broad range of non-essential items, providing insights into discretionary spending patterns.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of inflationary pressures and consumer purchasing power, helping policymakers and analysts assess the overall state of the Estonian economy.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of consumer prices by Estonia's national statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor the Miscellaneous Goods and Services CPI to assess overall inflation levels and household spending trends, which informs decision-making and policy interventions.
Q: Are there update delays or limitations?
A: The Miscellaneous Goods and Services CPI data is subject to the same update schedule and potential limitations as the broader Estonian CPI metric.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Estonia (ESTCP120000IXOBM), retrieved from FRED.