Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Portugal
PRTCPHP1000GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.50
Year-over-Year Change
-7.89%
Date Range
1/1/1997 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Education in Portugal measures changes in the prices paid by consumers for education-related goods and services. It is a key indicator for monitoring inflation and cost-of-living trends in the education 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 CPI for Education in Portugal is part of the Harmonized Index of Consumer Prices (HICP) and follows the Classification of Individual Consumption by Purpose (COICOP) framework. It tracks price changes across a basket of education-related items, providing insights into inflationary pressures faced by Portuguese households.
Methodology
The data is collected through surveys of prices paid by consumers for a representative sample of education goods and services.
Historical Context
Policymakers and analysts use this CPI to assess the affordability of education and inform decisions around education spending and subsidies.
Key Facts
- Education CPI accounts for approximately 3% of the overall CPI basket in Portugal.
- Prices for education goods and services have risen by an average of 2.5% annually over the past decade.
- The education CPI is a leading indicator for assessing the cost-of-living impact on Portuguese households.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Education in Portugal tracks changes in the prices paid by consumers for education-related goods and services.
Q: Why is this trend relevant for users or analysts?
A: This CPI provides insights into inflationary pressures faced by Portuguese households in the education sector, which is crucial for policymakers and analysts assessing the affordability of education.
Q: How is this data collected or calculated?
A: The data is collected through surveys of prices paid by consumers for a representative sample of education goods and services.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this CPI to assess the affordability of education and inform decisions around education spending and subsidies.
Q: Are there update delays or limitations?
A: The CPI for Education in Portugal is published monthly with a short lag, providing timely insights into price trends in the education sector.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Portugal (PRTCPHP1000GYM), retrieved from FRED.