Consumer Price Index: Harmonized Prices: Miscellaneous Goods and Services (COICOP 12): Total for France
FRACPHP1200GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.30
Year-over-Year Change
-62.50%
Date Range
2/1/1996 - 11/1/2023
Summary
The Consumer Price Index: Harmonized Prices: Miscellaneous Goods and Services (COICOP 12): Total for France tracks inflation in a range of products and services in France. This metric is important for economists and policymakers monitoring consumer spending and price trends.
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
This economic indicator measures changes in the prices paid by French consumers for a basket of miscellaneous goods and services, including personal care, insurance, financial services, and other products. It is a key component of the overall consumer price index and provides insights into broad inflationary pressures.
Methodology
The data is collected through regular surveys of consumer prices by the French national statistics agency.
Historical Context
This index is used by the European Central Bank and other institutions to assess inflation in the Eurozone and guide monetary policy decisions.
Key Facts
- France is the second-largest economy in the Eurozone.
- Miscellaneous goods and services account for around 13% of the French consumer price index.
- The index is published monthly with a lag of approximately two weeks.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks changes in the prices paid by French consumers for a basket of miscellaneous goods and services, including personal care, insurance, financial services, and other products.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into broad inflationary pressures in France and is a key component of the overall consumer price index, which is closely monitored by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of consumer prices by the French national statistics agency.
Q: How is this trend used in economic policy?
A: This index is used by the European Central Bank and other institutions to assess inflation in the Eurozone and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly with a lag of approximately two weeks.
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Citation
U.S. Federal Reserve, Consumer Price Index: Harmonized Prices: Miscellaneous Goods and Services (COICOP 12): Total for France (FRACPHP1200GPM), retrieved from FRED.