Harmonized Index of Consumer Prices: Maintenance and Repair of Other Major Durables for Recreation and Culture for France
CP0923FRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
222.70
Year-over-Year Change
3.83%
Date Range
12/1/2015 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices for Maintenance and Repair of Other Major Durables for Recreation and Culture in France tracks changes in the cost of maintaining and repairing recreational equipment and cultural goods. This metric is a key indicator of inflation in a specific consumer spending category.
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 Harmonized Index of Consumer Prices (HICP) is a standardized measure of inflation across the European Union. This particular series focuses on the maintenance and repair of major durable goods used for recreation and cultural activities in France, providing insight into a niche consumer spending category.
Methodology
This index is calculated based on monthly price surveys conducted by the French National Institute of Statistics and Economic Studies.
Historical Context
Policymakers and analysts use this HICP series to assess inflationary pressures and household spending patterns in the recreation and culture sector of the French economy.
Key Facts
- The base year for this HICP series is 2015 = 100.
- France is one of 19 Eurozone countries that participate in the HICP program.
- This index tracks prices for activities like maintaining sports equipment, musical instruments, and other recreation/culture goods.
FAQs
Q: What does this economic trend measure?
A: This HICP series measures changes in the prices paid by French consumers for the maintenance and repair of major durable goods used for recreation and cultural activities.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into inflationary pressures and consumer spending patterns in the recreation and culture sector of the French economy, which is useful for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through monthly price surveys conducted by the French National Institute of Statistics and Economic Studies.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this HICP series to assess inflation and consumer spending in the recreation and culture sector, which can inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: This HICP series is published monthly with a lag of approximately one month, so the most recent data may not reflect the current economic conditions.
Related Trends
Consumer Price Index: Harmonized Prices: All Items: Total for France
CPHPTT01FRM657N
Central government debt, total (% of GDP) for France
DEBTTLFRA188A
Harmonized Index of Consumer Prices: Pharmaceutical Products for France
CP0611FRM086NEST
Provisions to Non-Performing Loans for France
DDSI07FRA156NWDB
Unemployment to Population Rate: All Ages: All Persons for France
LRUPTTTTFRQ156S
National Accounts: GDP by Expenditure: Constant Prices: Private Final Consumption Expenditure for France
NAEXKP02FRQ189S
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Maintenance and Repair of Other Major Durables for Recreation and Culture for France (CP0923FRM086NEST), retrieved from FRED.