Consumer Price Index: Transport (COICOP 07): Fuels and Lubricants for Personal Transport Equipment: Total for Costa Rica
Quarterly
CRICP070200GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.72
Year-over-Year Change
-825.52%
Date Range
4/1/1995 - 10/1/2021
Summary
The Quarterly Consumer Recreational Items Price Index (CRICP070200GPQ) measures the price changes of recreational goods and services in the U.S. This trend is a key indicator of consumer spending and the overall state of the 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 Quarterly Consumer Recreational Items Price Index tracks the changes in prices for a basket of recreational products and services, including sports equipment, toys, hobbies, and entertainment. This index is used by economists and policymakers to understand consumer behavior and inflationary pressures in the recreational goods sector.
Methodology
The data is collected through surveys of businesses and consumers by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in the Consumer Recreational Items Price Index are closely monitored by the Federal Reserve and other economic institutions to inform monetary policy decisions.
Key Facts
- The index is calculated on a quarterly basis.
- Recreational goods account for about 6% of consumer spending in the U.S.
- The index reached its highest level on record in Q4 2021.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Consumer Recreational Items Price Index measures the changes in prices for a basket of recreational goods and services, including sports equipment, toys, hobbies, and entertainment.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator of consumer spending and inflationary pressures in the recreational goods sector, which is closely monitored by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and consumers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in the Consumer Recreational Items Price Index are closely monitored by the Federal Reserve and other economic institutions to inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The index is published on a quarterly basis, with a typical release lag of about one month after the end of the quarter.
Related Trends
Use of Financial Services: Key Indicators, Outstanding Deposits with Commercial Banks for Costa Rica
CRIFCLODCGGDPPT
Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Costa Rica
CRIB6FATT01CXCUQ
Bank's Cost to Income Ratio for Costa Rica
DDEI07CRA156NWDB
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Restaurants and Hotels for Costa Rica
CRICP110000GYM
Number of Identified Exporters to Costa Rica from Colorado
COCRIA475SCEN
Number of Identified Exporters to Costa Rica from New Jersey
NJCRIA475SCEN
Citation
U.S. Federal Reserve, Quarterly Consumer Recreational Items Price Index (CRICP070200GPQ), retrieved from FRED.