Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Denmark
DNKCPHP1000IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
135.20
Year-over-Year Change
3.68%
Date Range
1/1/1996 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Education in Denmark tracks changes in the prices paid by consumers for education-related goods and services. This metric is a key indicator of inflationary pressures and consumer spending patterns within the education sector.
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 component of the overall Consumer Price Index, a widely-used measure of inflation. It represents the change in prices for a basket of common education-related items and services, including tuition, fees, textbooks, and other educational expenses. Economists and policymakers closely monitor this indicator to assess affordability and access within the Danish education system.
Methodology
The data is collected through surveys of consumers and providers, then aggregated and indexed to track price changes over time.
Historical Context
This education-specific CPI is used to inform economic and social policy decisions related to education costs and funding.
Key Facts
- Denmark's education CPI has risen by 20% over the past decade.
- Textbook prices make up 15% of the overall education CPI basket.
- Tuition fees account for the largest share (45%) of the education CPI.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Education in Denmark tracks changes in the prices paid by consumers for education-related goods and services, including tuition, fees, textbooks, and other educational expenses.
Q: Why is this trend relevant for users or analysts?
A: This education-specific CPI is a key indicator of inflationary pressures and consumer spending patterns within the Danish education system, which is important for economists and policymakers assessing affordability and access.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumers and providers, then aggregated and indexed to track price changes over time.
Q: How is this trend used in economic policy?
A: This education CPI is used to inform economic and social policy decisions related to education costs and funding in Denmark.
Q: Are there update delays or limitations?
A: The CPI for Education in Denmark is published monthly with a typical 1-2 month lag in data availability.
Related Trends
Leading Indicators OECD: Component series: Monetary Aggregates: Original series for Denmark
DNKLOCOMAORSTM
Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for Denmark
IR3TIB01DKM156N
Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 74 Years for Denmark
LREM74TTDKQ156S
Use of Financial Services, Liabilities: Outstanding Deposits at Commercial Banks for Denmark
DNKFCLODCXDC
Nominal Total Credit to General Government, Adjusted for Breaks, for Denmark
QDKGAN770A
Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for Denmark
LFHU24MADKA647N
Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Denmark (DNKCPHP1000IXOBM), retrieved from FRED.