Consumer Price Index: Food for France
Quarterly
FRACPIFODQINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
108.36
Year-over-Year Change
2.80%
Date Range
1/1/1970 - 1/1/2018
Summary
The Quarterly Consumption Price Index for Food and Beverages for India measures inflation in food and beverage prices in India on a quarterly basis. It is a key indicator of consumer price trends and can inform monetary policy decisions.
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 Quarterly Consumption Price Index for Food and Beverages for India is a price index that tracks the average change in prices paid by consumers for a basket of food and beverage items in India. It is used to measure inflationary pressures in the Indian economy and can provide insights into consumer spending patterns.
Methodology
The data is collected through surveys of Indian households and businesses and calculated using a weighted average of price changes for different food and beverage categories.
Historical Context
Policymakers and analysts closely monitor this index to assess the overall state of the Indian economy and make informed decisions regarding monetary and fiscal policies.
Key Facts
- The index has a base year of 2010.
- Food and beverages account for a significant portion of the average Indian consumer's spending.
- The index is published on a quarterly basis by the Indian government.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Consumption Price Index for Food and Beverages for India measures the average change in prices paid by consumers for a basket of food and beverage items in India on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflationary pressures in the Indian economy and can provide insights into consumer spending patterns, which are important for policymakers and analysts to monitor.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Indian households and businesses and calculated using a weighted average of price changes for different food and beverage categories.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this index to assess the overall state of the Indian economy and make informed decisions regarding monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The index is published on a quarterly basis by the Indian government, so there may be some delay in the availability of the most recent data.
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Citation
U.S. Federal Reserve, Quarterly Consumption Price Index for Food and Beverages for India (FRACPIFODQINMEI), retrieved from FRED.