Consumer Price Index: Recreation and Culture (COICOP 09): Total for Costa Rica
CRICP090000GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.30
Year-over-Year Change
-128.16%
Date Range
2/1/1995 - 12/1/2021
Summary
The Consumer Price Index: Recreation and Culture (COICOP 09) for Costa Rica tracks changes in the prices of goods and services related to recreation, entertainment, and cultural activities in the country.
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
This index is a key indicator of inflationary pressures and consumer spending patterns in the recreation and culture sector of the Costa Rican economy. It is used by policymakers and analysts to understand broader economic trends and consumer behavior.
Methodology
The data is collected through surveys of consumers and businesses across Costa Rica.
Historical Context
This index provides important context for evaluating monetary and fiscal policies that may impact the recreation and culture industries.
Key Facts
- The index is published monthly by the Costa Rican National Institute of Statistics and Censuses.
- Recreation and culture spending accounts for approximately 6% of the average Costa Rican consumer's budget.
- Prices in this sector have risen by an average of 3.5% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index: Recreation and Culture (COICOP 09) for Costa Rica tracks changes in the prices of goods and services related to recreational, entertainment, and cultural activities in the country.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflationary pressures and consumer spending patterns in the recreation and culture sector of the Costa Rican economy, providing important context for policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumers and businesses across Costa Rica.
Q: How is this trend used in economic policy?
A: This index provides important context for evaluating monetary and fiscal policies that may impact the recreation and culture industries in Costa Rica.
Q: Are there update delays or limitations?
A: The index is published monthly by the Costa Rican National Institute of Statistics and Censuses, with minimal delays.
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Citation
U.S. Federal Reserve, Consumer Price Index: Recreation and Culture (COICOP 09): Total for Costa Rica (CRICP090000GPM), retrieved from FRED.