Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Denmark
DNKCP100000IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
135.20
Year-over-Year Change
3.68%
Date Range
1/1/2000 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Education in Denmark measures the change in prices for educational goods and services over time, providing insights into inflation and cost-of-living trends for Danish consumers.
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 Denmark is a key economic indicator that tracks the prices of various educational products and services, including tuition fees, textbooks, and other school-related expenses. It is used by policymakers, economists, and the public to understand changes in the cost of education and its impact on overall consumer inflation.
Methodology
The data is collected by Statistics Denmark through surveys of educational institutions and households.
Historical Context
The CPI for Education is an important input for economic policy decisions and analysis of household spending patterns.
Key Facts
- The base year for the Denmark CPI Education index is 2015.
- Education accounts for approximately 3% of the total Danish CPI basket.
- The CPI for Education is a component of the broader Danish Consumer Price Index.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Education in Denmark measures the change in prices for educational goods and services, including tuition fees, textbooks, and other school-related expenses.
Q: Why is this trend relevant for users or analysts?
A: The CPI for Education is an important indicator for understanding changes in the cost of education and its impact on overall consumer inflation, which is relevant for policymakers, economists, and the public.
Q: How is this data collected or calculated?
A: The data is collected by Statistics Denmark through surveys of educational institutions and households.
Q: How is this trend used in economic policy?
A: The CPI for Education is an important input for economic policy decisions and analysis of household spending patterns.
Q: Are there update delays or limitations?
A: The data is subject to the same update schedule and potential limitations as the broader Danish Consumer Price Index.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Denmark (DNKCP100000IXOBM), retrieved from FRED.