Consumer Price Index: Communication (COICOP 08): Total for Argentina
ARGCP080000GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.21
Year-over-Year Change
139.25%
Date Range
1/1/2017 - 11/1/2023
Summary
The Consumer Price Index (CPI) for Communication in Argentina measures the changes in the prices of goods and services related to communication, such as telephone, internet, and postal services. This metric is a key indicator of inflationary pressures in the communication sector.
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 Communication CPI for Argentina is a subcomponent of the overall Consumer Price Index, which is the primary measure of inflation in the country. It provides insights into the cost of living and can inform policy decisions related to the communication industry.
Methodology
The data is collected through surveys of prices paid by consumers for a representative basket of communication goods and services.
Historical Context
Policymakers and analysts use the Communication CPI to assess the impact of inflation on the cost of living and make informed decisions regarding the communication sector.
Key Facts
- The Communication CPI is a subindex of the overall Consumer Price Index in Argentina.
- Communication costs account for a significant portion of household expenditures in Argentina.
- Tracking changes in the Communication CPI helps policymakers assess the impact of inflation on the communication sector.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Communication in Argentina measures the changes in the prices of goods and services related to communication, such as telephone, internet, and postal services.
Q: Why is this trend relevant for users or analysts?
A: The Communication CPI is a key indicator of inflationary pressures in the communication sector, which can inform policy decisions and impact the cost of living for consumers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of prices paid by consumers for a representative basket of communication goods and services.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the Communication CPI to assess the impact of inflation on the cost of living and make informed decisions regarding the communication sector.
Q: Are there update delays or limitations?
A: The Communication CPI data is subject to the same update schedule and potential limitations as the overall Consumer Price Index for Argentina.
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Citation
U.S. Federal Reserve, Consumer Price Index: Communication (COICOP 08): Total for Argentina (ARGCP080000GPM), retrieved from FRED.