Harmonized Index of Consumer Prices: Frequent Out-of-Pocket Purchases for Czech Republic
FROOPPCZM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.60
Year-over-Year Change
-0.20%
Date Range
1/1/2000 - 1/1/2016
Summary
The Harmonized Index of Consumer Prices: Frequent Out-of-Pocket Purchases for Czech Republic measures the changes in prices for consumer goods and services that are frequently purchased using cash or debit/credit cards in the Czech Republic.
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 index is part of the Harmonized Index of Consumer Prices (HICP) framework, which provides a comparable measure of inflation across European Union member states. The frequent out-of-pocket component focuses on goods and services that are typically paid for immediately, rather than on credit.
Methodology
The data is collected through surveys of consumer expenditures and prices.
Historical Context
This index is used by policymakers and analysts to gauge inflationary pressures and consumer spending patterns in the Czech economy.
Key Facts
- The index has a base year of 2015.
- It covers a wide range of consumer goods and services.
- The data is released on a monthly basis.
FAQs
Q: What does this economic trend measure?
A: This trend measures changes in the prices of consumer goods and services that are frequently purchased using cash or debit/credit cards in the Czech Republic.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding inflationary pressures and consumer spending patterns in the Czech economy, which is important for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and prices.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and analysts to gauge inflationary pressures and consumer spending patterns in the Czech economy, which can inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical update delay of several weeks.
Related Trends
Bank's Return on Assets for Czech Republic
DDEI05CZA156NWDB
Infra-Annual Labor Statistics: Labor Force Female: From 15 to 64 Years for Czechia
LFAC64FECZA647S
Harmonized Index of Consumer Prices: Unprocessed Food for Czech Republic
FOODUNCZM086NEST
Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for Czechia
LFEM24MACZA647N
Outstanding Total International Debt Securities to GDP for Czech Republic
DDDM07CZA156NWDB
Infra-Annual Labor Statistics: Inactivity Rate Total: 15 Years or over for Czechia
LRINTTTTCZA156N
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Frequent Out-of-Pocket Purchases for Czech Republic (FROOPPCZM086NEST), retrieved from FRED.