Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Estonia
ESTCP030000IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
123.91
Year-over-Year Change
15.17%
Date Range
1/1/1998 - 1/1/2025
Summary
The Consumer Price Index (CPI) for Clothing and Footwear in Estonia measures changes in the prices paid by consumers for apparel and related items. It is a key indicator of inflationary trends in the retail 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 Clothing and Footwear in Estonia is part of the broader Harmonized Index of Consumer Prices (HICP), which provides a comparable measure of inflation across European Union member states. This specific index tracks price movements in a basket of common clothing and shoe purchases by Estonian households.
Methodology
The data is collected through regular surveys of retail establishments and aggregated to calculate the monthly index value.
Historical Context
Policymakers and economists use this CPI component to assess underlying price pressures and consumer demand in the Estonian economy.
Key Facts
- Estonia's CPI for Clothing and Footwear uses 2015 as the base year.
- This index accounts for approximately 4.5% of the total Estonian CPI basket.
- Prices are collected from a sample of 300+ retail outlets across Estonia.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Clothing and Footwear in Estonia measures changes in the prices paid by consumers for apparel, shoes, and related accessories.
Q: Why is this trend relevant for users or analysts?
A: This CPI component provides insight into inflationary pressures and consumer demand in the Estonian retail sector, which is useful for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of retail establishments in Estonia and then aggregated to calculate the monthly index value.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this CPI data to assess overall price movements and consumer behavior, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The CPI for Clothing and Footwear in Estonia is published monthly with a typical 1-2 month lag from the reference period.
Related Trends
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Infra-Annual Labor Statistics: Working-Age Population Female: From 15 to 24 Years for Estonia
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Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics (COICOP 02): Total for Estonia
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Infra-Annual Labor Statistics: Employment Rate Total: 15 Years or over for Estonia
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Infra-Annual Labor Statistics: Employment Male: From 15 to 64 Years for Estonia
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Estonia (ESTCP030000IXOBQ), retrieved from FRED.