Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Estonia
ESTCP090000GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.42
Year-over-Year Change
-47.48%
Date Range
1/1/1999 - 1/1/2025
Summary
The Consumer Price Index (CPI) for Recreation and Culture in Estonia measures changes in the prices of goods and services related to recreational activities and cultural pursuits. This indicator is important for economists and policymakers to assess inflationary pressures and consumer behavior.
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 Recreation and Culture CPI is a subcomponent of the broader Consumer Price Index (CPI) in Estonia. It tracks the prices of items such as sports equipment, entertainment, and cultural services. This metric provides insights into consumer spending patterns and can inform decisions around monetary and fiscal policies.
Methodology
The data is collected through a nationwide survey of consumer purchases and prices.
Historical Context
The Recreation and Culture CPI is used by the Bank of Estonia and other institutions to monitor economic conditions and make informed policy decisions.
Key Facts
- The Recreation and Culture CPI is a subcomponent of the broader Estonian CPI.
- It tracks prices of items like sports equipment, entertainment, and cultural services.
- This metric provides insights into consumer spending patterns in Estonia.
FAQs
Q: What does this economic trend measure?
A: The Recreation and Culture CPI measures changes in the prices of goods and services related to recreational activities and cultural pursuits in Estonia.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into consumer spending patterns and inflationary pressures in the recreation and culture sector, which is important for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer purchases and prices.
Q: How is this trend used in economic policy?
A: The Recreation and Culture CPI is used by the Bank of Estonia and other institutions to monitor economic conditions and make informed policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the same update schedule and potential limitations as the broader Estonian CPI.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Estonia (ESTCP090000GYQ), retrieved from FRED.