Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Restaurants and Hotels for France
FRACP110000IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
123.69
Year-over-Year Change
11.77%
Date Range
1/1/1990 - 1/1/2025
Summary
The Consumer Price Index (CPI) for Restaurants and Hotels in France measures changes in the prices paid by consumers for dining out and accommodation services. It is a key economic indicator used to track inflation and consumer spending patterns.
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 Restaurants and Hotels CPI is a subcomponent of the overall French Consumer Price Index, which is a widely-used measure of inflation. It tracks price changes for a basket of common consumer services in the dining and lodging sectors, providing insight into a significant portion of household expenditures.
Methodology
The data is collected through surveys of businesses and consumers by France's national statistics agency.
Historical Context
The Restaurants and Hotels CPI is monitored by policymakers, businesses, and consumers to understand broader economic trends and cost-of-living changes.
Key Facts
- The Restaurants and Hotels CPI accounts for around 10% of the overall French CPI basket.
- Prices in this sector have risen by an average of 2.5% annually over the past decade.
- The Restaurants and Hotels CPI is a key input for policymakers setting monetary and fiscal policy.
FAQs
Q: What does this economic trend measure?
A: The Restaurants and Hotels CPI measures changes in the prices paid by French consumers for dining out and accommodation services.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into a significant portion of household budgets and is a key indicator of inflation and consumer spending patterns in France.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and consumers by France's national statistics agency.
Q: How is this trend used in economic policy?
A: The Restaurants and Hotels CPI is monitored by policymakers to understand broader economic trends and cost-of-living changes, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag, and may be subject to revisions over time.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Restaurants and Hotels for France (FRACP110000IXOBQ), retrieved from FRED.