Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Germany
DEUCPHP1000IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
117.70
Year-over-Year Change
4.44%
Date Range
1/1/1996 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Education in Germany measures changes in the prices paid by consumers for educational goods and services. This key economic indicator helps policymakers and analysts assess inflationary pressures and living standards.
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 Education in Germany is a subcomponent of the broader Consumer Price Index, a measure of the average change in prices paid by consumers for a basket of goods and services. The Education CPI tracks price fluctuations specifically in the education sector, which is crucial for understanding trends in human capital investment and labor productivity.
Methodology
The German Federal Statistical Office collects price data from a sample of educational institutions and transactions to calculate the monthly Education CPI.
Historical Context
The Education CPI is used by the Bundesbank and other policymakers to monitor inflation and guide economic policy decisions.
Key Facts
- The Education CPI accounts for approximately 1% of the overall German CPI basket.
- Education costs have risen faster than general inflation in Germany over the past decade.
- Policymakers monitor the Education CPI to assess pressures on household budgets and human capital investment.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Education in Germany measures changes in the prices paid by consumers for educational goods and services, including tuition, school supplies, and other education-related costs.
Q: Why is this trend relevant for users or analysts?
A: The Education CPI is a crucial indicator for policymakers and economists to assess inflationary pressures, household living standards, and human capital investment in Germany.
Q: How is this data collected or calculated?
A: The German Federal Statistical Office collects price data from a sample of educational institutions and transactions to calculate the monthly Education CPI.
Q: How is this trend used in economic policy?
A: The Education CPI is used by the Bundesbank and other policymakers to monitor inflation and guide economic policy decisions, particularly those related to education, labor, and social welfare.
Q: Are there update delays or limitations?
A: The Education CPI is published monthly by the German Federal Statistical Office, with a typical 2-3 week delay from the reference period.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Germany (DEUCPHP1000IXOBM), retrieved from FRED.