Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Luxembourg
LUXCPHP0300IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
118.83
Year-over-Year Change
0.60%
Date Range
1/1/1996 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Clothing and Footwear in Luxembourg measures changes in the prices paid by consumers for a basket of apparel and shoe products over time. This index is a key indicator of inflation within the clothing and footwear sector.
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 Clothing and Footwear CPI for Luxembourg is part of the broader Consumer Price Indices (CPIs) and Harmonized Indices of Consumer Prices (HICPs) data, which track price changes for a comprehensive set of consumer goods and services. This specific index is useful for analyzing inflationary pressures and household consumption patterns within the apparel and footwear market in Luxembourg.
Methodology
The data is collected through regular price surveys of a representative sample of retail establishments in Luxembourg.
Historical Context
Policymakers and economists monitor this CPI component to assess inflationary trends and consumer behavior within the Luxembourgish market.
Key Facts
- The base year for the Clothing and Footwear CPI in Luxembourg is 2015.
- This index accounts for approximately 4.5% of the total Luxembourg CPI basket.
- Prices are collected monthly from a sample of 180 retail outlets across Luxembourg.
FAQs
Q: What does this economic trend measure?
A: The Clothing and Footwear CPI for Luxembourg measures changes in the prices paid by consumers for a basket of apparel and shoe products over time.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflationary pressures and consumer behavior within the apparel and footwear market in Luxembourg, making it relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through regular price surveys of a representative sample of retail establishments in Luxembourg.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this CPI component to assess inflationary trends and consumer behavior within the Luxembourgish market, which informs economic policy decisions.
Q: Are there update delays or limitations?
A: The Clothing and Footwear CPI for Luxembourg is published monthly, with a typical release lag of 2-3 weeks.
Related Trends
Labor Compensation: Earnings: Private Sector: Hourly for Luxembourg
LCEAPR01LUQ661S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Luxembourg
LUXCPHP1200GYM
Consumer Price Index: Harmonized Prices: All Items: Total for Luxembourg
CPHPTT01LUM657N
Infra-Annual Labor Statistics: Employment Male: From 15 to 74 Years for Luxembourg
LFEM74MALUA657N
Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: From 15 to 24 Years for Luxembourg
LRHU24TTLUQ156N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Luxembourg
CPGRLE01LUQ659N
Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Luxembourg (LUXCPHP0300IXOBM), retrieved from FRED.