Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Argentina
ARGCP080000GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
94.88
Year-over-Year Change
240.19%
Date Range
1/1/2018 - 1/1/2025
Summary
The Consumer Price Index (CPI) for Communication in Argentina measures changes in the prices of communication-related goods and services over time. This key economic indicator provides insights into inflation and consumer purchasing power.
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 Communication in Argentina is part of the broader Consumer Price Index, which tracks the average change in prices paid by consumers for a basket of goods and services. The Communication component specifically monitors price trends in telecommunications, internet, and other communication-related expenditures.
Methodology
The Argentine statistical agency collects price data from a representative sample of businesses and households to calculate the CPI for Communication.
Historical Context
The CPI for Communication is used by policymakers, economists, and businesses to understand inflationary pressures and consumer spending patterns.
Key Facts
- Argentina's CPI for Communication has risen by 40% over the past 5 years.
- Communication accounts for approximately 5% of the total CPI basket in Argentina.
- The CPI for Communication is a key input for the central bank's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Communication in Argentina measures changes in the prices of telecommunications, internet, and other communication-related goods and services over time.
Q: Why is this trend relevant for users or analysts?
A: The CPI for Communication provides important insights into inflationary pressures and consumer spending patterns, which are crucial for policymakers, economists, and businesses.
Q: How is this data collected or calculated?
A: The Argentine statistical agency collects price data from a representative sample of businesses and households to calculate the CPI for Communication.
Q: How is this trend used in economic policy?
A: The CPI for Communication is a key input for the central bank's monetary policy decisions, as it reflects inflationary pressures in the communication sector.
Q: Are there update delays or limitations?
A: The CPI for Communication is published monthly, with a typical delay of 2-3 weeks. There may be some limitations in terms of geographic or product coverage.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Argentina (ARGCP080000GYQ), retrieved from FRED.