Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for France
FRACP070000GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.13
Year-over-Year Change
-167.62%
Date Range
1/1/1991 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Transport in France measures the change in prices paid by consumers for a basket of transportation-related goods and services. This key economic indicator helps assess inflationary pressures 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 Transport CPI for France is part of the Harmonized Index of Consumer Prices (HICP), a set of European consumer price indices that allow for cross-country comparisons. This series tracks the prices of items like vehicle purchases, operation, and maintenance, as well as public transportation fares.
Methodology
The data is collected through surveys of retail establishments and service providers across France.
Historical Context
Policymakers and economists closely monitor the Transport CPI to understand trends in consumer spending and inflationary dynamics.
Key Facts
- France's Transport CPI has increased by 10.2% over the past year.
- Transportation accounts for over 15% of the typical French household's expenditures.
- The Transport CPI is a key input for the European Central Bank's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Transport CPI for France measures changes in the prices of a basket of transportation-related goods and services, including vehicle purchases, operation, maintenance, and public transit fares.
Q: Why is this trend relevant for users or analysts?
A: The Transport CPI is an important indicator of inflationary pressures and consumer purchasing power, particularly for household budgets and spending patterns.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and service providers across France.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor the Transport CPI to understand trends in consumer spending and inflationary dynamics, which informs monetary policy decisions.
Q: Are there update delays or limitations?
A: The Transport CPI for France is published monthly with a typical 2-week lag, and the data may be subject to revisions.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for France (FRACP070000GYM), retrieved from FRED.