Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Czechia
CZECPICORQINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
151.90
Year-over-Year Change
19.86%
Date Range
1/1/1995 - 1/1/2025
Summary
The Consumer Price Index (CPI) for All Items Non-Food Non-Energy in Czechia measures changes in the prices of consumer goods and services, excluding food and energy. This core inflation indicator is closely watched by economists and policymakers for assessing underlying price pressures in the Czech economy.
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 All Items Non-Food Non-Energy represents a key measure of core inflation in Czechia. It excludes volatile food and energy prices to provide a more stable indicator of the general price level and underlying inflationary trends. Central banks and analysts use this metric to guide monetary policy decisions and economic forecasting.
Methodology
The Czech Statistical Office collects price data from a representative sample of retail outlets and service providers to calculate this seasonally adjusted index.
Historical Context
The Czech National Bank closely monitors this core CPI measure as part of its inflation targeting framework to support price stability and economic growth.
Key Facts
- The base year for this CPI series is 2015.
- Czechia's central bank targets inflation of 2% per year.
- This metric excludes food and energy, which are more volatile components.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for All Items Non-Food Non-Energy in Czechia measures changes in the prices of consumer goods and services, excluding food and energy.
Q: Why is this trend relevant for users or analysts?
A: This core inflation indicator is closely watched by economists and policymakers for assessing underlying price pressures in the Czech economy, which is important for guiding monetary policy decisions and economic forecasting.
Q: How is this data collected or calculated?
A: The Czech Statistical Office collects price data from a representative sample of retail outlets and service providers to calculate this seasonally adjusted index.
Q: How is this trend used in economic policy?
A: The Czech National Bank closely monitors this core CPI measure as part of its inflation targeting framework to support price stability and economic growth.
Q: Are there update delays or limitations?
A: The CPI data is published monthly with a short lag, providing timely information on underlying inflationary pressures in Czechia.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Czechia (CZECPICORQINMEI), retrieved from FRED.