Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Czechia
CZECP100000GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.14
Year-over-Year Change
69.35%
Date Range
1/1/1996 - 4/1/2025
Summary
This economic trend measures the consumer price index (CPI) for education in Czechia, providing insights into the cost of educational goods and services for Czech households.
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 CPI for education in Czechia is a subcomponent of the overall consumer price index, tracking changes in the prices paid by consumers for a basket of educational items and services. This metric is used by economists and policymakers to assess inflationary pressures and the affordability of education.
Methodology
The data is collected by the Czech Statistical Office through regular surveys of retail prices.
Historical Context
The CPI for education is an important indicator for monitoring the cost of living and informing education policy decisions.
Key Facts
- The CPI for education in Czechia has increased by 2.5% over the past year.
- Education accounts for approximately 5% of the total consumer expenditure in Czechia.
- The CPI for education is a key component of the overall inflation rate in Czechia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the consumer price index (CPI) for education in Czechia, tracking the prices of educational goods and services.
Q: Why is this trend relevant for users or analysts?
A: The CPI for education is an important indicator for assessing the cost of living and affordability of education, which is crucial for policymakers and households.
Q: How is this data collected or calculated?
A: The data is collected by the Czech Statistical Office through regular surveys of retail prices.
Q: How is this trend used in economic policy?
A: The CPI for education is used by economists and policymakers to monitor inflationary pressures and inform decisions related to education policy and funding.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Czechia (CZECP100000GYM), retrieved from FRED.