Private Final Consumption Expenditure Implicit Price Deflator in France
FRAPCEDEFQISNAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121.06
Year-over-Year Change
14.86%
Date Range
1/1/1980 - 1/1/2024
Summary
The Private Final Consumption Expenditure Implicit Price Deflator in France measures the change in prices of goods and services purchased by French households. It is a key indicator of consumer inflation and 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 Private Final Consumption Expenditure Implicit Price Deflator is a broad measure of inflation for the French economy. It tracks changes in the prices of all goods and services consumed by French households, providing insight into the overall cost of living and consumer purchasing power.
Methodology
The data is calculated by the French National Institute of Statistics and Economic Studies (INSEE) based on household consumption expenditure surveys.
Historical Context
This inflation measure is closely monitored by the European Central Bank and French policymakers to inform monetary and fiscal policies.
Key Facts
- The base year for the deflator is 2015.
- It covers all household consumption, including goods and services.
- The deflator is published quarterly by the INSEE.
FAQs
Q: What does this economic trend measure?
A: The Private Final Consumption Expenditure Implicit Price Deflator measures the change in prices of goods and services purchased by French households.
Q: Why is this trend relevant for users or analysts?
A: This inflation measure provides insight into the overall cost of living and consumer purchasing power in France, which is crucial for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is calculated by the French National Institute of Statistics and Economic Studies (INSEE) based on household consumption expenditure surveys.
Q: How is this trend used in economic policy?
A: The French Private Final Consumption Expenditure Implicit Price Deflator is closely monitored by the European Central Bank and French policymakers to inform monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The deflator is published quarterly by the INSEE, with a relatively short time lag compared to some other economic indicators.
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Citation
U.S. Federal Reserve, Private Final Consumption Expenditure Implicit Price Deflator in France (FRAPCEDEFQISNAQ), retrieved from FRED.