Consumer Price Index: Food for France
FRACPIFODMINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109.71
Year-over-Year Change
1.89%
Date Range
1/1/1970 - 5/1/2018
Summary
The Consumer Price Index (CPI) for Food in France measures the changes in retail prices paid by French consumers for a basket of food items. This metric is closely monitored by economists and policymakers to assess inflationary pressures and inform economic decision-making.
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 Food in France is a key indicator of price stability and consumer purchasing power. It tracks the monthly changes in the cost of a representative sample of food products purchased by French households, providing insights into the overall state of the French economy.
Methodology
The data is collected by the French National Institute of Statistics and Economic Studies (INSEE) through regular surveys of retail establishments.
Historical Context
The CPI for Food is used by the European Central Bank and French government to guide monetary and fiscal policies aimed at maintaining price stability.
Key Facts
- The CPI for Food in France has a base year of 2015.
- Food accounts for around 13% of the total French Consumer Price Index.
- The index reached its highest level in July 2022 at 113.58.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index for Food in France measures the changes in retail prices paid by French consumers for a basket of food items.
Q: Why is this trend relevant for users or analysts?
A: The CPI for Food is a key indicator of inflationary pressures and consumer purchasing power in France, providing valuable insights for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected by the French National Institute of Statistics and Economic Studies (INSEE) through regular surveys of retail establishments.
Q: How is this trend used in economic policy?
A: The CPI for Food is used by the European Central Bank and French government to guide monetary and fiscal policies aimed at maintaining price stability.
Q: Are there update delays or limitations?
A: The CPI for Food in France is published monthly with a typical release lag of around two weeks.
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Citation
U.S. Federal Reserve, Consumer Price Index: Food for France (FRACPIFODMINMEI), retrieved from FRED.