Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Restaurants and Hotels for France
FRACPHP1100IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
124.06
Year-over-Year Change
2.89%
Date Range
1/1/1996 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Restaurants and Hotels in France measures changes in the prices paid by consumers for dining out and accommodations. It is a key economic indicator used to track inflation and the cost of living.
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 for Restaurants and Hotels in France is part of the Harmonized Index of Consumer Prices (HICP), a set of comparable consumer price indices used across the European Union. This sub-index focuses specifically on the prices of meals, drinks, and lodging services.
Methodology
The data is collected through regular surveys of consumer prices by the French National Institute of Statistics and Economic Studies (INSEE).
Historical Context
Policymakers and economists use this index to assess inflationary pressures and inform decisions on monetary and fiscal policies.
Key Facts
- The CPI for Restaurants and Hotels accounts for about 8% of the total French CPI basket.
- Prices for this sector have risen by an average of 2.5% per year over the past decade.
- The COVID-19 pandemic significantly impacted this index, with prices declining sharply in 2020.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Restaurants and Hotels in France measures changes in the prices paid by consumers for dining out and accommodations.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflationary pressures in the service sector and the cost of living for French consumers.
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: Policymakers and economists use this index to assess inflationary pressures and inform decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 2-3 weeks.
Related Trends
Harmonized Index of Consumer Prices: Major Durables for Indoor and Outdoor Recreation Including Musical Instruments for France
CP0921FRM086NEST
Consumer Price Index: Miscellaneous Goods and Services (COICOP 12): Total for France
FRACP120000IXNBM
Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for France
LREM64TTFRQ156S
Infra-Annual Labor Statistics: Employment: Economic Activity: Services: Total for France
LFEASETTFRQ647S
Business Tendency Surveys: Export Order Books or Demand: Economic Activity: Manufacturing: Current for France
BSXRLV02FRM086S
Labor Compensation: Earnings: Manufacturing: Hourly for France
LCEAMN01FRA659S
Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Restaurants and Hotels for France (FRACPHP1100IXOBM), retrieved from FRED.