Consumer Price Index: Food and Non-Alcoholic Beverages (COICOP 01): Total for France
FRACP010000GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.42
Year-over-Year Change
-17.85%
Date Range
2/1/1970 - 11/1/2023
Summary
The Consumer Price Index for Food and Non-Alcoholic Beverages in France measures changes in the prices of food and non-alcoholic drink purchases by French consumers. This key economic indicator is closely monitored by policymakers and analysts to assess inflationary pressures.
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
This index, part of the Harmonized Index of Consumer Prices (HICP), tracks a basket of food and non-alcoholic beverage products consumed by French households. It provides a broad measure of the cost of living and changes in purchasing power for this essential spending category.
Methodology
The data is collected through a nationwide survey of retail prices and aggregated by the French National Institute of Statistics and Economic Studies (INSEE).
Historical Context
Central banks and financial institutions use this index to inform monetary policy decisions and economic forecasts.
Key Facts
- The index has a base year of 2015 = 100.
- Food and non-alcoholic beverages account for about 15% of the French CPI basket.
- The index is published monthly by the French statistical agency INSEE.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index for Food and Non-Alcoholic Beverages in France measures changes in the prices of food and non-alcoholic drink purchases by French consumers.
Q: Why is this trend relevant for users or analysts?
A: This key indicator is closely monitored to assess inflationary pressures and changes in the cost of living for French households.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of retail prices and aggregated by the French National Institute of Statistics and Economic Studies (INSEE).
Q: How is this trend used in economic policy?
A: Central banks and financial institutions use this index to inform monetary policy decisions and economic forecasts.
Q: Are there update delays or limitations?
A: The index is published monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Consumer Price Index: Food and Non-Alcoholic Beverages (COICOP 01): Total for France (FRACP010000GPM), retrieved from FRED.