Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Estonia
ESTCPHP0300IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
124.50
Year-over-Year Change
-3.65%
Date Range
1/1/1996 - 3/1/2025
Summary
The Consumer Price Index for Clothing and Footwear in Estonia measures changes in the retail prices of apparel, footwear, and related items. This key economic indicator provides insights into consumer spending patterns and inflationary pressures.
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 is a subcomponent of the broader Consumer Price Index (CPI) and Harmonized Index of Consumer Prices (HICP) for Estonia. It tracks the prices of a fixed basket of clothing and footwear products, allowing economists to monitor trends in consumer demand and the cost of living.
Methodology
The data is collected through regular surveys of retail establishments and then aggregated to calculate the index.
Historical Context
The Clothing and Footwear CPI is used by policymakers, analysts, and businesses to understand consumer behavior and guide economic decisions.
Key Facts
- The base year for the Clothing and Footwear CPI in Estonia is 2015.
- Clothing and footwear account for approximately 5% of the total Estonian CPI basket.
- The index is published monthly by Statistics Estonia.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index for Clothing and Footwear in Estonia measures changes in the retail prices of apparel, footwear, and related items.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into consumer spending patterns and inflationary pressures, which are important for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of retail establishments and then aggregated to calculate the index.
Q: How is this trend used in economic policy?
A: The Clothing and Footwear CPI is used by policymakers, analysts, and businesses to understand consumer behavior and guide economic decisions.
Q: Are there update delays or limitations?
A: The index is published monthly by Statistics Estonia with no significant update delays.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Estonia (ESTCPHP0300IXOBM), retrieved from FRED.