Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Czechia
CZECP120000GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.26
Year-over-Year Change
-50.52%
Date Range
1/1/1996 - 1/1/2025
Summary
This economic trend measures the consumer price index (CPI) for miscellaneous goods and services in Czechia. It is a key indicator of inflation and consumer spending patterns.
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 Miscellaneous Goods and Services CPI tracks price changes for a broad basket of items not captured in other CPI components, such as personal care products, financial services, and other miscellaneous expenditures. It provides important context for understanding overall consumer price dynamics.
Methodology
The data is collected through regular household surveys and compiled by the Czech Statistical Office.
Historical Context
Policymakers and analysts use this CPI component to assess inflationary pressures and consumer behavior.
Key Facts
- Czechia's Miscellaneous Goods and Services CPI has risen by over 15% since 2015.
- This CPI component accounts for around 13% of the total Czech consumer price index basket.
- The Miscellaneous Goods and Services category includes items like insurance, hairdressing, and domestic services.
FAQs
Q: What does this economic trend measure?
A: This trend measures the consumer price index (CPI) for a broad category of miscellaneous goods and services in Czechia, including personal care products, financial services, and other expenditures.
Q: Why is this trend relevant for users or analysts?
A: The Miscellaneous Goods and Services CPI provides important context for understanding overall consumer price dynamics and inflationary pressures in the Czech economy.
Q: How is this data collected or calculated?
A: The data is collected through regular household surveys and compiled by the Czech Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this CPI component to assess consumer behavior and inflationary pressures, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The Miscellaneous Goods and Services CPI data is published on a monthly basis with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Czechia (CZECP120000GYQ), retrieved from FRED.