Harmonized Index of Consumer Prices: Recreational and Sporting Services for France
CP0941FRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
118.53
Year-over-Year Change
1.93%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices for Recreational and Sporting Services in France measures the change in prices of these services over time. This metric is a key indicator of consumer price inflation within the recreation and leisure 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 Harmonized Index of Consumer Prices (HICP) is a standardized measure of inflation used across the European Union. The Recreational and Sporting Services component tracks the prices of services related to sports, hobbies, and recreational activities for French consumers.
Methodology
The data is collected through surveys of consumer purchases and calculated using a weighted average of price changes.
Historical Context
This index helps economists and policymakers assess inflationary pressures and consumer spending patterns in the leisure industry.
Key Facts
- The base year for this index is 2015 = 100.
- Recreational and sporting services account for over 3% of the total French consumer basket.
- Prices in this sector have risen by an average of 2.1% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Recreational and Sporting Services in France measures the change in prices of these services over time.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into inflationary pressures and consumer spending patterns within the leisure industry, which is an important component of the French economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer purchases and calculated using a weighted average of price changes.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this index to assess inflationary trends and consumer behavior within the recreational services sector, which informs decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 2-3 weeks. There may be seasonal adjustments or revisions to prior periods as more complete information becomes available.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Recreational and Sporting Services for France (CP0941FRM086NEST), retrieved from FRED.