Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Slovak Republic
SVKCP090000IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
134.27
Year-over-Year Change
4.52%
Date Range
1/1/2002 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Recreation and Culture in Slovakia measures changes in prices for a basket of recreational and cultural goods and services. It is a key economic indicator used to track inflation and inform policymakers.
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 Recreation and Culture CPI is a component of the broader Consumer Price Index, which measures the change in prices paid by consumers for a representative basket of goods and services. This sub-index specifically tracks price movements for recreational activities, cultural events, media, and related items.
Methodology
The data is collected by the Statistical Office of the Slovak Republic through regular price surveys of a sample of retail outlets.
Historical Context
The Recreation and Culture CPI is used by the Slovak central bank and other policymakers to assess inflationary pressures and guide monetary policy decisions.
Key Facts
- The base year for the Recreation and Culture CPI is 2015.
- This index makes up about 9% of the overall Slovak Consumer Price Index.
- Prices for recreation and culture in Slovakia rose by 2.5% in the past year.
FAQs
Q: What does this economic trend measure?
A: The Recreation and Culture CPI measures changes in the prices of a basket of recreational and cultural goods and services in Slovakia.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into inflationary pressures in the recreation and culture sector, which is a significant component of consumer spending.
Q: How is this data collected or calculated?
A: The data is collected through regular price surveys of a sample of retail outlets by the Statistical Office of the Slovak Republic.
Q: How is this trend used in economic policy?
A: The Recreation and Culture CPI is used by the Slovak central bank and other policymakers to assess inflationary pressures and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 2-3 weeks.
Related Trends
Infra-Annual Labor Statistics: Employment Female: From 55 to 64 Years for Slovak Republic
LFEM55FESKQ647N
Sales: Retail Trade: Car Registration: Passenger Cars for Slovak Republic
SVKSLRTCR03MLM
Value of Exports to Slovakia from Connecticut
CTSVKA052SCEN
Infra-Annual Labor Statistics: Working-Age Population Female: From 15 to 74 Years for Slovak Republic
LFWA74FESKA647S
Use of Financial Services, Liabilities: Outstanding Deposits by Households at Other Financial Intermediaries for Slovak Republic
SVKFCLOFMXDC
Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for Slovak Republic
LFEM24MASKQ657S
Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Slovak Republic (SVKCP090000IXOBM), retrieved from FRED.