Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Czechia
CZECP030000CTGYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.09
Year-over-Year Change
-153.03%
Date Range
1/1/2010 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Clothing and Footwear in Czechia measures changes in the prices of apparel, shoes, and related items purchased by Czech consumers. It is a key indicator of consumer inflation trends in this important spending category.
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 Clothing and Footwear CPI is a subcomponent of the broader Czech Consumer Price Index, which tracks changes in the overall cost of living. It provides insights into price dynamics within the apparel and footwear market, which is a significant component of household budgets.
Methodology
The data is collected through surveys of retail prices for a representative basket of consumer goods and services.
Historical Context
The Clothing and Footwear CPI is used by policymakers, economists, and market analysts to assess inflationary pressures and consumer spending patterns.
Key Facts
- Clothing and footwear account for around 4% of the Czech consumer price basket.
- The Clothing and Footwear CPI has shown moderate inflation in recent years.
- Seasonal factors significantly impact the Clothing and Footwear CPI, with prices typically rising in the spring and fall.
FAQs
Q: What does this economic trend measure?
A: The Clothing and Footwear CPI for Czechia measures changes in the prices of apparel, shoes, and related items purchased by Czech consumers.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into inflationary pressures and consumer spending patterns within an important household expenditure category.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail prices for a representative basket of consumer goods and services.
Q: How is this trend used in economic policy?
A: The Clothing and Footwear CPI is used by policymakers, economists, and market analysts to assess inflationary trends and consumer behavior.
Q: Are there update delays or limitations?
A: The Clothing and Footwear CPI data is typically published on a monthly basis with minimal delays.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Czechia (CZECP030000CTGYM), retrieved from FRED.