Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance (COICOP 05): Total for Slovak Republic
Index source base, Quarterly
SVKCP050000IXNBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116.97
Year-over-Year Change
24.08%
Date Range
1/1/2002 - 7/1/2023
Summary
The Index Source Base, Quarterly trend measures the quarterly change in the value of a specific economic indicator. It is a key statistic for understanding overall economic conditions and trends.
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 index provides a standardized reference point to track fluctuations in an economic metric over time. It is commonly used by economists, policymakers, and market analysts to identify and interpret economic patterns and cycles.
Methodology
The data is calculated by the U.S. Federal Reserve using a proprietary formula.
Historical Context
Changes in the index can signal shifts in consumer demand, business investment, or other macroeconomic factors relevant to economic policy.
Key Facts
- The index is a standardized reference point.
- It tracks fluctuations in an economic metric over time.
- Changes in the index can signal shifts in macroeconomic factors.
FAQs
Q: What does this economic trend measure?
A: The Index Source Base, Quarterly trend measures the quarterly change in the value of a specific economic indicator.
Q: Why is this trend relevant for users or analysts?
A: This index is commonly used by economists, policymakers, and market analysts to identify and interpret economic patterns and cycles.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using a proprietary formula.
Q: How is this trend used in economic policy?
A: Changes in the index can signal shifts in consumer demand, business investment, or other macroeconomic factors relevant to economic policy.
Q: Are there update delays or limitations?
A: The data is published quarterly with minimal delays.
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Citation
U.S. Federal Reserve, Index source base, Quarterly (SVKCP050000IXNBQ), retrieved from FRED.