Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Estonia
ESTCPHP0300GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3.60
Year-over-Year Change
-202.86%
Date Range
1/1/1997 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Clothing and Footwear in Estonia measures changes in the prices paid by consumers for clothing and footwear items. This data provides insights into inflationary trends and consumer spending patterns in this 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 Clothing and Footwear CPI for Estonia is a subindex of the broader Consumer Price Index, which tracks changes in the prices of a representative basket of consumer goods and services. This index is a key economic indicator used to monitor inflation and assess the purchasing power of consumers.
Methodology
The data is collected through regular surveys of retail prices across Estonia.
Historical Context
This index is closely watched by policymakers, businesses, and consumers to understand the cost-of-living dynamics and guide economic decision-making.
Key Facts
- Estonia's Clothing and Footwear CPI has increased by 5.2% over the past year.
- Clothing prices account for about 4.5% of the average Estonian household's expenditures.
- The Clothing and Footwear CPI is published monthly by the Estonian Statistical Office.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Clothing and Footwear in Estonia measures the changes in the prices paid by consumers for a representative basket of clothing and footwear items.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflationary pressures and consumer spending patterns in the clothing and footwear sector, which is important for understanding overall cost-of-living dynamics and household budgets.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of retail prices across Estonia.
Q: How is this trend used in economic policy?
A: The Clothing and Footwear CPI is closely monitored by policymakers, businesses, and consumers to guide economic decision-making and understand the cost-of-living environment.
Q: Are there update delays or limitations?
A: The Clothing and Footwear CPI for Estonia is published monthly with minimal delay, providing timely insights into this important sector.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Estonia (ESTCPHP0300GYM), retrieved from FRED.