Consumer Price Index: Clothing and Footwear (COICOP 03): Total for Finland
Quarterly
FINCP030000IXNBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
100.04
Year-over-Year Change
4.45%
Date Range
1/1/2010 - 7/1/2023
Summary
The Quarterly trend measures the level of personal consumption expenditures, a key indicator of economic activity and consumer demand.
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
Personal consumption expenditures (PCE) track the value of goods and services purchased by U.S. households. This data is widely used by economists and policymakers to assess consumer spending and the overall health of the economy.
Methodology
The data is collected through surveys of households and businesses by the U.S. Bureau of Economic Analysis.
Historical Context
Quarterly PCE trends are closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- PCE accounts for over two-thirds of U.S. GDP.
- Quarterly PCE data is released with a one-month lag.
- Consumer spending is a major driver of economic growth.
FAQs
Q: What does this economic trend measure?
A: The Quarterly trend measures the level of personal consumption expenditures (PCE), which tracks the value of goods and services purchased by U.S. households.
Q: Why is this trend relevant for users or analysts?
A: PCE is a key indicator of economic activity and consumer demand, making it widely used by economists and policymakers to assess the health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and businesses by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Quarterly PCE trends are closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The Quarterly PCE data is released with a one-month lag.
Related Trends
Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Finland
FINB6FATT01CXCUQ
Financial Market: Real Effective Exchange Rates: Unit Labor Costs Based for Finland
CCRETT02FIQ661N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Finland
FINCPHP0100GYM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Overall Index Excluding Energy, Food, Alcohol and Tobacco for Finland
FINCPHPLA01GYM
Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for Finland
BSCICP03FIM665S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Finland
FINCPHP0900GYM
Citation
U.S. Federal Reserve, Quarterly (FINCP030000IXNBQ), retrieved from FRED.