Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Costa Rica
CRICP120000GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.70
Year-over-Year Change
182.03%
Date Range
1/1/1996 - 12/1/2021
Summary
The Consumer Price Index (CPI) for Miscellaneous Goods and Services in Costa Rica tracks changes in the prices of a basket of goods and services that are not classified in other CPI components. This trend is an important indicator of overall consumer inflation 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
The Miscellaneous Goods and Services CPI for Costa Rica is one of the sub-indices that make up the country's overall Consumer Price Index. It measures the changes in prices for items such as personal care products, financial services, and other non-essential household expenses.
Methodology
The data is collected through regular surveys of retailers and service providers across Costa Rica.
Historical Context
Policymakers and economists use this CPI component, along with other inflation indicators, to assess the overall cost-of-living and guide macroeconomic policies.
Key Facts
- Costa Rica's Miscellaneous Goods and Services CPI has a base year of 1999.
- This CPI component accounts for approximately 10% of the country's overall consumer price index.
- The index has shown moderate annual increases over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Miscellaneous Goods and Services CPI for Costa Rica measures changes in the prices of a basket of non-essential consumer goods and services in the country.
Q: Why is this trend relevant for users or analysts?
A: This CPI component provides insights into the overall cost of living and consumer inflation in Costa Rica, which is crucial information for policymakers, businesses, and households.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of retailers and service providers across Costa Rica.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this CPI component, along with other inflation indicators, to assess the overall cost-of-living and guide macroeconomic policies in Costa Rica.
Q: Are there update delays or limitations?
A: The Miscellaneous Goods and Services CPI for Costa Rica is updated monthly, with a typical 1-2 month delay in data availability.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Costa Rica (CRICP120000GYM), retrieved from FRED.