Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for France
FRACP090000CTGYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.05
Year-over-Year Change
-81.57%
Date Range
1/1/2010 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Recreation and Culture in France tracks changes in prices for a basket of recreational and cultural goods and services. This measure is a key indicator of consumer purchasing power and inflation.
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 Recreation and Culture CPI is a component of the broader Consumer Price Index (CPI) and Harmonized Index of Consumer Prices (HICP) for France. It provides insights into price trends for a range of leisure, entertainment, and cultural expenditures by French households.
Methodology
The data is collected through regular surveys of consumer prices by the French National Institute of Statistics and Economic Studies (INSEE).
Historical Context
This indicator is used by policymakers, economists, and markets to assess inflationary pressures and consumer demand in the French economy.
Key Facts
- France's Recreation and Culture CPI has risen by an average of 1.2% annually over the past decade.
- Recreational and cultural goods and services account for around 10% of the total French CPI basket.
- The CPI for Recreation and Culture is a key input for the European Central Bank's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Recreation and Culture in France tracks changes in prices for a basket of recreational and cultural goods and services purchased by French consumers.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into inflationary pressures and consumer demand in the French leisure and entertainment sectors, which is valuable information for policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of consumer prices by the French National Institute of Statistics and Economic Studies (INSEE).
Q: How is this trend used in economic policy?
A: The Recreation and Culture CPI is a key input for the European Central Bank's monetary policy decisions, as it reflects broader inflationary trends in the French economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 2-3 weeks, and the methodology is harmonized with other European Union member states to ensure comparability.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for France (FRACP090000CTGYM), retrieved from FRED.