Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance (COICOP 05): Total for France
FRACP050000GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.25
Year-over-Year Change
-151.59%
Date Range
2/1/1990 - 11/1/2023
Summary
The Consumer Price Index for Furnishings, Household Equipment and Routine Household Maintenance in France measures changes in the prices of household goods and services. This data is critical for understanding consumer inflation and the cost of living in the country.
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 tracks the prices of a wide range of household items, including furniture, appliances, cleaning products, and home repair services. It is a key component of the overall French Consumer Price Index and provides insight into household spending patterns and inflationary pressures.
Methodology
The data is collected through surveys of retail establishments and service providers across France.
Historical Context
Policymakers and economists closely monitor this index to gauge household consumption and guide monetary and fiscal policy decisions.
Key Facts
- The index has a base year of 2015 = 100.
- Household furnishings account for around 5% of the French CPI basket.
- The index reached a record high of 106.36 in May 2023.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index for Furnishings, Household Equipment and Routine Household Maintenance in France tracks the prices of a wide range of household goods and services.
Q: Why is this trend relevant for users or analysts?
A: This index provides critical insights into household spending patterns and inflationary pressures, which are key factors for policymakers and economists when assessing the overall state of the French economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and service providers across France.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this index to gauge household consumption and guide monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly with a typical release lag of around two weeks.
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Citation
U.S. Federal Reserve, Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance (COICOP 05): Total for France (FRACP050000GPM), retrieved from FRED.