Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Germany
DEUCP090000GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.29
Year-over-Year Change
-64.30%
Date Range
1/1/1992 - 1/1/2025
Summary
The Consumer Price Index (CPI) for Recreation and Culture in Germany measures the price changes of goods and services related to leisure activities, cultural pursuits, and entertainment. This economic indicator is closely watched by policymakers and analysts to gauge consumer spending patterns 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
The CPI for Recreation and Culture in Germany is a subcomponent of the overall Consumer Price Index, which tracks the prices paid by consumers for a basket of goods and services. This specific index provides insights into price changes in the recreation and culture sector, which is an important component of consumer spending and a key driver of economic activity.
Methodology
The data is collected through surveys of consumer expenditures and prices by the German Federal Statistical Office.
Historical Context
The CPI for Recreation and Culture is used by the European Central Bank and other policymakers to monitor inflation and inform monetary policy decisions.
Key Facts
- Germany's CPI for Recreation and Culture has a base year of 2015.
- This index accounts for around 6% of the overall German CPI basket.
- Prices in the Recreation and Culture sector have risen by an average of 2.1% annually over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The CPI for Recreation and Culture in Germany measures the price changes of goods and services related to leisure activities, cultural pursuits, and entertainment.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into consumer spending patterns and inflationary pressures in the recreation and culture sector, which is an important component of the overall economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and prices by the German Federal Statistical Office.
Q: How is this trend used in economic policy?
A: The CPI for Recreation and Culture is used by the European Central Bank and other policymakers to monitor inflation and inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately two weeks.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Germany (DEUCP090000GYQ), retrieved from FRED.