Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Portugal
PRTCP030000IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
92.64
Year-over-Year Change
-1.98%
Date Range
1/1/1948 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Clothing and Footwear in Portugal measures the changes in retail prices paid by consumers for a basket of apparel and shoe items. This metric is a key indicator of inflation and consumer spending patterns in the Portuguese economy.
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 CPI for Clothing and Footwear tracks the prices of a representative sample of men's, women's, and children's clothing, as well as footwear. It is a subcomponent of the overall CPI, which is used by policymakers, economists, and businesses to analyze cost-of-living changes and inform economic decisions.
Methodology
The Portuguese statistical agency collects retail price data from a sample of outlets to calculate this seasonally adjusted index.
Historical Context
Changes in the Clothing and Footwear CPI can signal shifts in consumer demand, seasonal trends, and the underlying health of the Portuguese retail sector.
Key Facts
- The Clothing and Footwear CPI has a weight of 5.4% in the overall Portuguese CPI basket.
- This index uses 2015 as the base year, with a value of 100.
- Portugal's Clothing and Footwear CPI reached a record high of 105.9 in December 2022.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Clothing and Footwear in Portugal tracks the changes in retail prices paid by consumers for a basket of apparel and shoe items.
Q: Why is this trend relevant for users or analysts?
A: The Clothing and Footwear CPI is an important indicator of inflation and consumer spending patterns in the Portuguese economy, which is useful for policymakers, economists, and businesses.
Q: How is this data collected or calculated?
A: The Portuguese statistical agency collects retail price data from a sample of outlets to calculate this seasonally adjusted index.
Q: How is this trend used in economic policy?
A: Changes in the Clothing and Footwear CPI can signal shifts in consumer demand, seasonal trends, and the underlying health of the Portuguese retail sector, which is relevant for economic policymaking.
Q: Are there update delays or limitations?
A: The CPI data for Clothing and Footwear in Portugal is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Portugal (PRTCP030000IXOBM), retrieved from FRED.