Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Japan
JPNCP080000GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-15.26
Year-over-Year Change
760.98%
Date Range
1/1/1971 - 4/1/2021
Summary
The Consumer Price Index (CPI) for Communication in Japan tracks changes in the prices paid by consumers for communication-related goods and services. This metric is a key indicator of inflation and consumer spending patterns in the country.
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 Communication CPI is a subcomponent of the broader Japanese Consumer Price Index, which measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. The Communication CPI specifically focuses on categories like telephone and internet services, postal charges, and equipment.
Methodology
The data is collected through surveys of a representative sample of consumers and businesses.
Historical Context
The Communication CPI is closely monitored by the Bank of Japan and other policymakers to gauge inflationary pressures and consumer demand.
Key Facts
- The Communication CPI is a subcomponent of the broader Japanese CPI.
- It tracks prices for telephone, internet, postal, and communication equipment.
- The Communication CPI is a key indicator of inflation and consumer spending.
FAQs
Q: What does this economic trend measure?
A: The Communication CPI measures changes in the prices paid by Japanese consumers for communication-related goods and services, including telephone, internet, postal, and equipment.
Q: Why is this trend relevant for users or analysts?
A: The Communication CPI is an important indicator of inflationary pressures and consumer spending patterns in Japan, providing insights for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of a representative sample of consumers and businesses.
Q: How is this trend used in economic policy?
A: The Communication CPI is closely monitored by the Bank of Japan and other policymakers to gauge inflationary pressures and consumer demand.
Q: Are there update delays or limitations?
A: The Communication CPI data is published on a regular schedule with minimal delays, providing timely insights for policymakers and analysts.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Japan (JPNCP080000GYQ), retrieved from FRED.