Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services for Costa Rica
Index 2015=100
CRICPGRSE01IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113.54
Year-over-Year Change
5.62%
Date Range
1/1/1995 - 10/1/2021
Summary
The Index 2015=100 tracks changes in the cost of consumer goods and services in China. It serves as a key indicator of inflationary pressures and consumer purchasing power in the world's second-largest 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 Index 2015=100 is a consumer price index (CPI) that measures the average change in prices paid by consumers in China for a basket of goods and services. It is a widely followed economic indicator used to assess the overall cost of living and monitor inflation trends.
Methodology
The National Bureau of Statistics of China collects prices from a sample of retail outlets and service providers to calculate the Index 2015=100.
Historical Context
Policymakers at the People's Bank of China closely monitor the Index 2015=100 to inform monetary policy decisions aimed at maintaining price stability.
Key Facts
- China is the world's second-largest economy.
- The Index 2015=100 uses 2015 as its base year.
- Inflation can erode consumer purchasing power.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100 measures changes in the overall price level of consumer goods and services in China.
Q: Why is this trend relevant for users or analysts?
A: The Index 2015=100 is a key indicator of inflationary pressures and consumer purchasing power in China, the world's second-largest economy.
Q: How is this data collected or calculated?
A: The National Bureau of Statistics of China collects prices from a sample of retail outlets and service providers to calculate the Index 2015=100.
Q: How is this trend used in economic policy?
A: Policymakers at the People's Bank of China closely monitor the Index 2015=100 to inform monetary policy decisions aimed at maintaining price stability.
Q: Are there update delays or limitations?
A: The Index 2015=100 is published monthly with a short delay, providing timely information on China's consumer price trends.
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Citation
U.S. Federal Reserve, Index 2015=100 (CRICPGRSE01IXOBQ), retrieved from FRED.