Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Estonia
ESTCP120000CTGYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.33
Year-over-Year Change
2.49%
Date Range
1/1/2010 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Miscellaneous Goods and Services in Estonia measures changes in the prices of a wide range of consumer items, providing insights into overall inflation trends and consumer purchasing power.
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 a component of the broader Estonian Consumer Price Index, which tracks the average change in prices paid by consumers for a basket of goods and services. This metric is a key economic indicator used by policymakers and analysts to assess the cost of living and make informed decisions.
Methodology
The data is collected by Estonia's national statistical agency through surveys of retail prices.
Historical Context
The Miscellaneous Goods and Services CPI is monitored by the European Central Bank and other institutions to evaluate economic conditions and inform policy.
Key Facts
- The CPI for Miscellaneous Goods and Services is one of 12 major CPI components in Estonia.
- This index covers a wide range of items, including personal care, insurance, and financial services.
- Estonia joined the Eurozone in 2011, and its CPI data is harmonized with the EU's Harmonized Index of Consumer Prices (HICP).
FAQs
Q: What does this economic trend measure?
A: The Miscellaneous Goods and Services CPI measures changes in the prices of a wide range of consumer items, including personal care products, insurance, and financial services.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into overall inflation and the cost of living, which are key considerations for policymakers, consumers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by Estonia's national statistical agency through surveys of retail prices.
Q: How is this trend used in economic policy?
A: The Miscellaneous Goods and Services CPI is monitored by the European Central Bank and other institutions to evaluate economic conditions and inform policy decisions.
Q: Are there update delays or limitations?
A: The CPI data is published monthly with a short delay, allowing for timely analysis of inflation trends.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Estonia (ESTCP120000CTGYM), retrieved from FRED.