Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Austria
CPGRLE01ATA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.49
Year-over-Year Change
289.38%
Date Range
1/1/1967 - 1/1/2022
Summary
The Consumer Price Index (CPI) for All Items Non-Food Non-Energy in Austria measures changes in the prices of goods and services, excluding food and energy, providing insights into underlying inflationary trends in the Austrian 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 CPI for All Items Non-Food Non-Energy in Austria is a key economic indicator used by policymakers, researchers, and analysts to assess the general price level and inflationary pressures in the Austrian economy, excluding the volatile food and energy sectors.
Methodology
The data is collected and calculated by the OECD based on information from national statistical agencies.
Historical Context
This metric is closely monitored by the European Central Bank and other institutions to inform monetary policy decisions.
Key Facts
- The base year for the CPI is 2015 = 100.
- Austria's CPI for All Items Non-Food Non-Energy reached a high of 105.02 in April 2022.
- This index excludes the volatile food and energy sectors to provide a clearer picture of underlying inflationary trends.
FAQs
Q: What does this economic trend measure?
A: The CPI for All Items Non-Food Non-Energy in Austria measures changes in the prices of goods and services, excluding food and energy, providing insights into underlying inflationary pressures in the Austrian economy.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator used by policymakers, researchers, and analysts to assess general price levels and inflationary trends in Austria, excluding the volatile food and energy sectors.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the OECD based on information from national statistical agencies in Austria.
Q: How is this trend used in economic policy?
A: The CPI for All Items Non-Food Non-Energy in Austria is closely monitored by the European Central Bank and other institutions to inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is typically published with a short delay, and may be subject to revisions by the OECD as more information becomes available.
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Citation
U.S. Federal Reserve, Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Austria (CPGRLE01ATA657N), retrieved from FRED.