Harmonized Index of Consumer Prices: Education for Denmark
CP1000DKM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
135.20
Year-over-Year Change
3.68%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Education in Denmark measures changes in the prices of educational goods and services. It is a key indicator of inflation and a critical data point for policymakers and economists monitoring the Danish economy.
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 HICP Education index tracks the prices paid by Danish consumers for a basket of educational goods and services, including tuition fees, textbooks, and school supplies. It is part of the broader HICP, which is the European Union's primary measure of consumer price inflation.
Methodology
The data is collected through surveys of retailers and service providers across Denmark.
Historical Context
HICP Education is used by the Danish central bank and government to gauge inflationary pressures and inform economic policy decisions.
Key Facts
- HICP Education is part of the broader Harmonized Index of Consumer Prices (HICP).
- The index tracks a basket of educational goods and services in Denmark.
- HICP Education is a key indicator used by policymakers to monitor inflation.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Education in Denmark measures changes in the prices of educational goods and services purchased by consumers.
Q: Why is this trend relevant for users or analysts?
A: HICP Education is a critical data point for policymakers and economists monitoring inflationary pressures and the overall health of the Danish economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers and service providers across Denmark.
Q: How is this trend used in economic policy?
A: HICP Education is used by the Danish central bank and government to gauge inflationary pressures and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The HICP Education data is published regularly by statistical agencies, but there may be some delay in reporting compared to real-time price changes.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Education for Denmark (CP1000DKM086NEST), retrieved from FRED.