Consumer Price Index: Recreation and Culture (COICOP 09): Total for France
FRACP090000IXNBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
108.02
Year-over-Year Change
2.75%
Date Range
1/1/1990 - 11/1/2023
Summary
The Consumer Price Index: Recreation and Culture (COICOP 09): Total for France measures changes in the prices of recreational and cultural goods and services purchased by French consumers. This trend is a key indicator of inflationary pressures in the French economy.
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 CPI: Recreation and Culture index is part of the broader Consumer Price Index, which tracks the change in prices for a basket of consumer goods and services. This specific index focuses on the recreation and cultural sector, providing insights into spending patterns and cost-of-living changes for French households.
Methodology
The data is collected through consumer surveys and retail price monitoring by the French National Institute of Statistics and Economic Studies.
Historical Context
Policymakers and economists use this trend to assess overall inflation levels and consumer demand in the French economy.
Key Facts
- The index is measured with a base year of 2015 = 100.
- France's CPI: Recreation and Culture index reached a high of 103.28 in January 2023.
- The index has increased by 3.2% over the past 12 months.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index: Recreation and Culture (COICOP 09): Total for France measures changes in the prices of recreational and cultural goods and services purchased by French consumers.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into inflationary pressures and consumer spending patterns in the French economy, which is valuable information for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through consumer surveys and retail price monitoring by the French National Institute of Statistics and Economic Studies.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess overall inflation levels and consumer demand, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of 2-3 weeks, and may be subject to revisions over time.
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Citation
U.S. Federal Reserve, Consumer Price Index: Recreation and Culture (COICOP 09): Total for France (FRACP090000IXNBM), retrieved from FRED.