Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Spain
ESPCPHP1200GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.90
Year-over-Year Change
30.00%
Date Range
1/1/1997 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Miscellaneous Goods and Services in Spain measures changes in the prices of a basket of consumer goods and services. It is a key indicator of inflation and economic conditions.
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 Miscellaneous Goods and Services CPI is one component of the overall Consumer Price Index, which is used to track price changes across the Spanish economy. It provides insights into the inflationary pressures faced by Spanish consumers in the services and products classified as 'miscellaneous'.
Methodology
The data is collected through surveys of retail prices by the National Statistics Institute of Spain.
Historical Context
Policymakers and analysts use this CPI component to assess the broader inflationary environment and inform decisions on monetary policy and market conditions.
Key Facts
- The base year for the Miscellaneous Goods and Services CPI in Spain is 2015.
- This CPI component accounts for around 13% of the overall Spanish Consumer Price Index.
- Prices of items like personal care products, financial services, and insurance are included in the Miscellaneous Goods and Services CPI.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Miscellaneous Goods and Services in Spain measures changes in the prices of a basket of consumer goods and services classified as 'miscellaneous'.
Q: Why is this trend relevant for users or analysts?
A: This CPI component provides insights into the inflationary pressures faced by Spanish consumers in the services and products classified as 'miscellaneous', which is an important input for policymakers and analysts assessing the broader economic environment.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail prices by the National Statistics Institute of Spain.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this CPI component to assess the broader inflationary environment and inform decisions on monetary policy and market conditions.
Q: Are there update delays or limitations?
A: The Miscellaneous Goods and Services CPI for Spain is updated monthly by the National Statistics Institute, with some potential for short delays in publication.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Spain (ESPCPHP1200GYM), retrieved from FRED.