Consumer Price Index: Miscellaneous Goods and Services (COICOP 12): Total for France
FRACP120000IXNBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
115.45
Year-over-Year Change
9.35%
Date Range
1/1/1990 - 7/1/2023
Summary
The Consumer Price Index: Miscellaneous Goods and Services (COICOP 12): Total for France measures price changes for a broad basket of consumer goods and services in France. This key economic indicator is closely watched 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
The COICOP 12 index tracks the prices of a wide range of miscellaneous goods and services in France, including personal care, insurance, financial services, and other non-durable household items. It is an important component of the overall consumer price index and provides insights into changing consumer spending patterns.
Methodology
The data is collected through surveys of retail establishments and households by the French National Institute of Statistics and Economic Studies.
Historical Context
The COICOP 12 index is used by the European Central Bank and French government to monitor and manage inflation targets as part of broader economic policymaking.
Key Facts
- The COICOP 12 index has a base year of 2015.
- It covers approximately 13% of the total French consumer basket.
- France's COICOP 12 index reached a record high in 2022.
FAQs
Q: What does this economic trend measure?
A: The COICOP 12 index measures changes in the prices of a wide range of miscellaneous consumer goods and services in France, excluding food, housing, and transportation.
Q: Why is this trend relevant for users or analysts?
A: The COICOP 12 index provides valuable insights into inflationary pressures and changing consumer spending patterns in France, which are closely monitored by policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and households by the French National Institute of Statistics and Economic Studies.
Q: How is this trend used in economic policy?
A: The COICOP 12 index is used by the European Central Bank and French government to monitor and manage inflation targets as part of broader economic policymaking.
Q: Are there update delays or limitations?
A: The COICOP 12 index is published monthly with a typical 2-week delay, and may be subject to revisions as additional data becomes available.
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Citation
U.S. Federal Reserve, Consumer Price Index: Miscellaneous Goods and Services (COICOP 12): Total for France (FRACP120000IXNBQ), retrieved from FRED.