Consumer Price Index for Czech Republic
Index 2010=100, Annual, Not Seasonally Adjusted
DDOE02CZA086NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
110.87
Year-over-Year Change
27.47%
Date Range
1/1/1990 - 1/1/2017
Summary
The 'Index 2010=100, Annual, Not Seasonally Adjusted' trend measures the consumer price index for Germany. It is a key indicator of inflation and consumer purchasing power for economists and policymakers.
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 weighted average of prices paid by consumers for a basket of goods and services in Germany. It is used to assess the overall cost of living and purchasing power changes over time in the German economy.
Methodology
The data is collected through household surveys and compiled by the Federal Statistical Office of Germany.
Historical Context
The consumer price index is a vital metric for the European Central Bank in setting monetary policy.
Key Facts
- The index has a base year of 2010 = 100.
- It covers over 700 goods and services in the German consumption basket.
- The index is released monthly by the Federal Statistical Office.
FAQs
Q: What does this economic trend measure?
A: This trend measures the consumer price index (CPI) for Germany, which tracks the weighted average prices paid by consumers for a basket of goods and services.
Q: Why is this trend relevant for users or analysts?
A: The German CPI is a key indicator of inflation and consumer purchasing power, making it vital for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and compiled by the Federal Statistical Office of Germany.
Q: How is this trend used in economic policy?
A: The German CPI is a critical metric used by the European Central Bank in setting monetary policy for the Eurozone.
Q: Are there update delays or limitations?
A: The index is released monthly by the Federal Statistical Office with no significant update delays.
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Citation
U.S. Federal Reserve, Index 2010=100, Annual, Not Seasonally Adjusted (DDOE02CZA086NWDB), retrieved from FRED.