Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Germany
DEUCP080000GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.07
Year-over-Year Change
-298.93%
Date Range
1/1/1992 - 1/1/2025
Summary
The Consumer Price Index (CPI) for Communication in Germany measures the change in prices for communication-related goods and services, such as telephone, internet, and postal services.
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 Communication CPI is a component of the overall Consumer Price Index, which tracks the average change in prices paid by consumers for a basket of goods and services. It provides valuable insights into inflationary pressures and consumer spending patterns in the communication sector.
Methodology
The data is collected through a survey of prices from a representative sample of retail establishments and service providers.
Historical Context
The Communication CPI is used by policymakers, economists, and market analysts to assess the economic conditions and guide decisions related to monetary policy, consumer behavior, and industry performance.
Key Facts
- The Communication CPI is a subcomponent of the overall German CPI.
- Communication accounts for approximately 3% of the total German consumer expenditure basket.
- The Communication CPI is published monthly by the German Federal Statistical Office.
FAQs
Q: What does this economic trend measure?
A: The Communication CPI measures the change in prices for communication-related goods and services in Germany, including telephone, internet, and postal services.
Q: Why is this trend relevant for users or analysts?
A: The Communication CPI provides important insights into inflationary pressures and consumer spending patterns in the communication sector, which is crucial for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through a survey of prices from a representative sample of retail establishments and service providers.
Q: How is this trend used in economic policy?
A: The Communication CPI is used by policymakers, economists, and market analysts to assess economic conditions and guide decisions related to monetary policy, consumer behavior, and industry performance.
Q: Are there update delays or limitations?
A: The Communication CPI is published monthly by the German Federal Statistical Office, with no known significant update delays or limitations.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Germany (DEUCP080000GYQ), retrieved from FRED.