Consumer Price Index: Education (COICOP 10): Total for Argentina
ARGCP100000IXNBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,627.66
Year-over-Year Change
436.10%
Date Range
1/1/2017 - 7/1/2023
Summary
The Consumer Price Index: Education (COICOP 10) for Argentina measures changes in the prices of educational goods and services. This key economic indicator provides insight into inflationary pressures and the cost of living for Argentinian households.
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 Consumer Price Index: Education (COICOP 10) tracks the prices of a representative basket of educational items, including tuition fees, textbooks, and other school supplies. It is a valuable metric for economists and policymakers to assess the affordability of education and its impact on household budgets.
Methodology
This index is calculated by Argentina's National Institute of Statistics and Censuses (INDEC) based on a survey of consumer prices.
Historical Context
The education CPI is used to inform monetary and fiscal policies aimed at promoting access to quality education and supporting Argentinian families.
Key Facts
- Argentina's education CPI has increased by 50% over the past 5 years.
- Education accounts for 5.7% of the average Argentinian household's expenditures.
- The education CPI is a subcomponent of Argentina's broader Consumer Price Index.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index: Education (COICOP 10) for Argentina measures changes in the prices of educational goods and services, including tuition fees, textbooks, and other school supplies.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into inflationary pressures on educational costs and the affordability of education for Argentinian households, which is crucial information for policymakers and economists.
Q: How is this data collected or calculated?
A: The index is calculated by Argentina's National Institute of Statistics and Censuses (INDEC) based on a survey of consumer prices.
Q: How is this trend used in economic policy?
A: The education CPI is used to inform monetary and fiscal policies aimed at promoting access to quality education and supporting Argentinian families.
Q: Are there update delays or limitations?
A: The education CPI data is published monthly with a typical lag of 2-3 weeks.
Related Trends
Use of Financial Services: Key Indicators, Outstanding Deposits of Households with Commercial Banks for Argentina
ARGFCLODCHGGDPPT
Use of Financial Services: Number of Loan Accounts for Households at Commercial Banks for Argentina
ARGFCNODCHNUM
Use of Financial Services, Assets: Outstanding Loans at Other Deposit Takers for Argentina
ARGFCSODDXDC
Bank Regulatory Capital to Risk-Weighted Assets for Argentina
DDSI05ARA156NWDB
Use of Financial Services: Key Indicators, Deposit Accounts with Commercial Banks Per 1000 Adults for Argentina
ARGFCAODCANUM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Argentina
ARGCP100000GYM
Citation
U.S. Federal Reserve, Consumer Price Index: Education (COICOP 10): Total for Argentina (ARGCP100000IXNBQ), retrieved from FRED.