Consumer Price Index: Miscellaneous Goods and Services (COICOP 12): Total for Costa Rica
CRICP120000IXNBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
100.45
Year-over-Year Change
5.49%
Date Range
1/1/1995 - 10/1/2021
Summary
The Consumer Price Index (CPI) for Miscellaneous Goods and Services in Costa Rica measures changes in the prices of a wide range of non-essential items. This trend is a key 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 tracks the price levels of items such as personal care products, recreation activities, and financial services. It is used by economists and policymakers to assess the cost of living and overall economic conditions.
Methodology
The data is collected through surveys of Costa Rican households and businesses by the national statistics agency.
Historical Context
The Miscellaneous Goods and Services CPI is monitored by the Central Bank of Costa Rica to inform monetary and fiscal policy decisions.
Key Facts
- The base year for the Costa Rica Miscellaneous Goods and Services CPI is 2018.
- This CPI category accounts for around 12% of the total Costa Rican consumer price index.
- Prices of miscellaneous goods and services in Costa Rica rose by 2.1% in 2022 compared to the previous year.
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 wide range of non-essential consumer items, including personal care products, recreation activities, and financial services.
Q: Why is this trend relevant for users or analysts?
A: This CPI category provides important insights into overall consumer inflation in Costa Rica, which is a key indicator of economic conditions and living standards.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Costa Rican households and businesses by the national statistics agency.
Q: How is this trend used in economic policy?
A: The Miscellaneous Goods and Services CPI is monitored by the Central Bank of Costa Rica to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 2-3 week release lag.
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Citation
U.S. Federal Reserve, Consumer Price Index: Miscellaneous Goods and Services (COICOP 12): Total for Costa Rica (CRICP120000IXNBQ), retrieved from FRED.