Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Austria
CPALTT01ATQ659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.11
Year-over-Year Change
-46.69%
Date Range
1/1/1959 - 1/1/2025
Summary
The Consumer Price Index (CPI) for Austria measures changes in the prices of consumer goods and services purchased by households. This key economic indicator provides insights into inflation and consumer spending patterns.
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 CPI for Austria is a comprehensive measure of the average change in prices paid by consumers for a basket of goods and services. It is a widely used indicator of inflation and a crucial metric for economic policymakers and analysts.
Methodology
The data is collected through surveys of consumer expenditures and retail prices.
Historical Context
The CPI is a critical input for monetary policy decisions and can influence consumer confidence and purchasing power.
Key Facts
- Austria's CPI is measured monthly.
- The CPI basket includes over 700 consumer goods and services.
- The base year for the Austrian CPI is 2015.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Austria measures the average change in prices paid by consumers for a basket of goods and services.
Q: Why is this trend relevant for users or analysts?
A: The CPI is a crucial indicator of inflation and consumer spending patterns, which are vital for economic policymaking and analysis.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and retail prices.
Q: How is this trend used in economic policy?
A: The CPI is a critical input for monetary policy decisions and can influence consumer confidence and purchasing power.
Q: Are there update delays or limitations?
A: The CPI for Austria is published monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Austria (CPALTT01ATQ659N), retrieved from FRED.