Price Level of Household Consumption for France
PLCCPPFRA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.91
Year-over-Year Change
-10.79%
Date Range
1/1/1950 - 1/1/2019
Summary
The Price Level of Household Consumption for France measures the price index for consumer goods and services purchased by French households. This key economic indicator provides insights into domestic inflationary pressures.
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 price index tracks the cost of a representative basket of consumer goods and services purchased by French households. It is a widely followed metric used by policymakers, economists, and analysts to assess the state of the French economy and consumer spending patterns.
Methodology
The data is calculated based on price surveys of consumer items in France.
Historical Context
The price level index serves as an input for France's monetary and fiscal policies.
Key Facts
- The base year for the index is 2015 = 100.
- France's price level reached a record high in 2022.
- The index tracks changes in over 300 consumer goods and services.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Household Consumption for France measures changes in the prices of consumer goods and services purchased by French households.
Q: Why is this trend relevant for users or analysts?
A: This price index is a key indicator of domestic inflationary pressures and consumer spending patterns in France, providing important insights for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The data is calculated based on price surveys of a representative basket of consumer goods and services purchased by French households.
Q: How is this trend used in economic policy?
A: The price level index serves as an input for France's monetary and fiscal policies, as policymakers use it to monitor and respond to changes in domestic inflation.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, Price Level of Household Consumption for France (PLCCPPFRA670NRUG), retrieved from FRED.