Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Austria
AUTCP030000IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114.86
Year-over-Year Change
0.18%
Date Range
1/1/1997 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Clothing and Footwear in Austria measures changes in the prices paid by consumers for a basket of apparel and shoe products. It is a key indicator of inflationary pressures in the Austrian retail 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 Clothing and Footwear CPI is a subcomponent of the overall Consumer Price Index, which tracks a comprehensive basket of consumer goods and services. It provides insights into price dynamics within the apparel and footwear industry, which is an important component of household spending.
Methodology
The data is collected through regular price surveys of a representative sample of retail outlets in Austria.
Historical Context
Policymakers and analysts use the Clothing and Footwear CPI to assess underlying trends in consumer inflation and evaluate the effectiveness of monetary policies.
Key Facts
- Austria's Clothing and Footwear CPI has a base year of 2015.
- The index covers a wide range of apparel and shoe products, from casual wear to formal attire.
- Clothing and footwear account for approximately 5% of the total Austrian consumer price basket.
FAQs
Q: What does this economic trend measure?
A: The Clothing and Footwear CPI for Austria measures changes in the prices paid by consumers for a basket of apparel and shoe products.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into price dynamics within the apparel and footwear industry, which is an important component of household spending and can inform policymakers and analysts about underlying inflationary pressures.
Q: How is this data collected or calculated?
A: The data is collected through regular price surveys of a representative sample of retail outlets in Austria.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the Clothing and Footwear CPI to assess underlying trends in consumer inflation and evaluate the effectiveness of monetary policies.
Q: Are there update delays or limitations?
A: The Clothing and Footwear CPI is published regularly by the U.S. Federal Reserve, with potential delays or limitations dependent on the source data.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Austria (AUTCP030000IXOBM), retrieved from FRED.