Consumer Price Index: All Items: Total for Czech Republic
Index source base, Quarterly
CZECPALTT01IXNBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
148.63
Year-over-Year Change
32.28%
Date Range
1/1/1991 - 7/1/2023
Summary
The Index source base, Quarterly measures the quarterly changes in the overall price level of goods and services produced in the Czech Republic. It serves as a key indicator of the country's economic performance and inflationary pressures.
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
This index tracks the price changes of a broad basket of goods and services that make up the Czech Republic's domestic production. It is a comprehensive measure of inflation and a vital data point for policymakers and economists analyzing the state of the Czech economy.
Methodology
The data is collected through surveys of businesses and households, and then aggregated and calculated by the Czech Statistical Office.
Historical Context
The Index source base, Quarterly is closely monitored by the Czech National Bank to inform monetary policy decisions.
Key Facts
- The base year for the index is 2015.
- The index reached a high of 108.4 in Q4 2022.
- Quarterly changes in the index reflect the overall price movements in the Czech economy.
FAQs
Q: What does this economic trend measure?
A: The Index source base, Quarterly measures the quarterly changes in the overall price level of goods and services produced in the Czech Republic.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflation and economic performance in the Czech Republic, making it vital for policymakers, economists, and market analysts to monitor.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households, and then aggregated and calculated by the Czech Statistical Office.
Q: How is this trend used in economic policy?
A: The Index source base, Quarterly is closely monitored by the Czech National Bank to inform monetary policy decisions aimed at maintaining price stability.
Q: Are there update delays or limitations?
A: The index is published quarterly by the Czech Statistical Office, with some delay in the data release.
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Citation
U.S. Federal Reserve, Index source base, Quarterly (CZECPALTT01IXNBQ), retrieved from FRED.