Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Estonia
CPGRLE01EEA659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.11
Year-over-Year Change
131.91%
Date Range
1/1/1998 - 1/1/2024
Summary
The Consumer Price Index (CPI) for All Items Non-Food Non-Energy in Estonia measures changes in the prices of consumer goods and services, excluding food and energy, providing insights into underlying inflationary pressures.
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 Estonia is a key economic indicator used to track price stability and assess the effectiveness of monetary policy. It excludes volatile food and energy prices to focus on core inflation, which is important for policymakers monitoring broader price trends.
Methodology
The data is collected by Estonia's statistical agency through a survey of prices paid by consumers for a representative basket of goods and services.
Historical Context
Economists and policymakers closely monitor this CPI metric to gauge underlying inflationary pressures and guide monetary policy decisions.
Key Facts
- Estonia's CPI for All Items Non-Food Non-Energy has a base year of 2015.
- This metric excludes volatile food and energy prices to focus on underlying inflation.
- Policymakers use the CPI to monitor price stability and guide monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The CPI for All Items Non-Food Non-Energy in Estonia measures changes in the prices of consumer goods and services, excluding food and energy, providing insights into underlying inflationary pressures.
Q: Why is this trend relevant for users or analysts?
A: This CPI metric is a key economic indicator used by policymakers and analysts to track price stability and assess the effectiveness of monetary policy in Estonia.
Q: How is this data collected or calculated?
A: The data is collected by Estonia's statistical agency through a survey of prices paid by consumers for a representative basket of goods and services.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this CPI metric to gauge underlying inflationary pressures and guide monetary policy decisions in Estonia.
Q: Are there update delays or limitations?
A: The CPI for All Items Non-Food Non-Energy in Estonia is published on a regular basis, with any potential update delays or limitations depending on the data collection and reporting processes.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Estonia (CPGRLE01EEA659N), retrieved from FRED.