Consumer Price Index: OECD Groups: Services Less Housing: Housing Excluding Imputed Rentals for Housing for Costa Rica
CRICPGRLH02GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.64
Year-over-Year Change
-391.11%
Date Range
2/1/1995 - 12/1/2021
Summary
The Consumer Price Index: OECD Groups: Services Less Housing: Housing Excluding Imputed Rentals for Housing for Costa Rica measures changes in the prices of services excluding housing and housing services excluding imputed rentals in Costa Rica. This provides insight into inflation trends for key components of the consumer basket.
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 economic indicator tracks the price movements of a basket of consumer services, excluding housing, as well as housing services that exclude imputed rental values in Costa Rica. It is a crucial metric for understanding the country's underlying inflation dynamics and can inform policy decisions.
Methodology
The data is collected through comprehensive consumer surveys and calculated based on a weighted basket of goods and services.
Historical Context
Policymakers and analysts use this index to assess inflationary pressures and guide monetary policy in Costa Rica.
Key Facts
- The index has a base year of 2015.
- Services account for over 60% of the consumer basket in Costa Rica.
- Housing is a significant portion of household expenditures.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks changes in the prices of consumer services, excluding housing, as well as the costs of housing services that exclude imputed rental values in Costa Rica.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into underlying inflation dynamics in Costa Rica, which can inform policy decisions and market analyses.
Q: How is this data collected or calculated?
A: The data is collected through comprehensive consumer surveys and calculated based on a weighted basket of goods and services.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess inflationary pressures and guide monetary policy in Costa Rica.
Q: Are there update delays or limitations?
A: The data is published with a short delay and may be subject to revisions.
Related Trends
Geographical Outreach: Key Indicators, Credit Union and Financial Cooperative Branches Per 100,000 Adults for Costa Rica
CRIFCBODUANUM
Value of Exports to Costa Rica from Alaska
AKCRIA052SCEN
Net Issues of International Debt Securities for All Issuers, All Maturities, Nationality of Issuer in Costa Rica
IDSGAMNINICR
Consumer Price Index: Transport (COICOP 07): Fuels and Lubricants for Personal Transport Equipment: Total for Costa Rica
CRICP070200GPM
Use of Financial Services, Liabilities: Outstanding Deposits at Commercial Banks for Costa Rica
CRIFCLODCXDC
Constant GDP per capita for Costa Rica
NYGDPPCAPKDCRI
Citation
U.S. Federal Reserve, Consumer Price Index: OECD Groups: Services Less Housing: Housing Excluding Imputed Rentals for Housing for Costa Rica (CRICPGRLH02GPM), retrieved from FRED.