Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Czechia
CZECP100000IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
147.70
Year-over-Year Change
11.14%
Date Range
1/1/1995 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Education in Czechia measures changes in the cost of education-related goods and services for consumers. This metric is a key indicator of inflationary trends and purchasing power in the education sector.
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 tracks the prices paid by consumers for a basket of educational items and services, including tuition, fees, textbooks, and other related expenses. This index is used by policymakers, economists, and analysts to assess the affordability of education and its impact on the overall cost of living.
Methodology
The data is collected through surveys of consumer expenditures and prices across the Czech Republic.
Historical Context
The CPI for Education is used to inform policy decisions related to education funding, subsidies, and cost-of-living adjustments for students and families.
Key Facts
- The CPI for Education in Czechia is published monthly.
- Czechia's education CPI has increased by 2.3% over the past year.
- Education accounts for approximately 4% of the total consumer expenditure basket in Czechia.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Education in Czechia measures the changes in the prices paid by consumers for a basket of education-related goods and services, including tuition, fees, textbooks, and other related expenses.
Q: Why is this trend relevant for users or analysts?
A: The CPI for Education is a key indicator of inflationary pressures and purchasing power in the education sector, which is essential for policymakers, economists, and analysts to assess the affordability of education and its impact on the overall cost of living.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and prices across the Czech Republic.
Q: How is this trend used in economic policy?
A: The CPI for Education is used to inform policy decisions related to education funding, subsidies, and cost-of-living adjustments for students and families.
Q: Are there update delays or limitations?
A: The CPI for Education in Czechia is published monthly, with no significant update delays.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Czechia (CZECP100000IXOBM), retrieved from FRED.