Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Estonia
ESTCPHP1000IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
134.44
Year-over-Year Change
7.05%
Date Range
1/1/1996 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Education in Estonia measures the change in prices for educational goods and services over time. This key economic indicator is closely monitored by policymakers to assess inflationary trends and the cost of living.
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 Estonia CPI for Education is a subcomponent of the broader Consumer Price Index, which tracks the cost of a basket of consumer goods and services. The education CPI specifically focuses on measuring price changes for items like school tuition, books, supplies, and other education-related expenses.
Methodology
The data is collected through surveys of consumer expenditures and price quotes from a sample of retail establishments.
Historical Context
The education CPI is used by the Estonian government and central bank to inform economic and monetary policy decisions.
Key Facts
- The base year for the Estonia CPI Education index is 2015.
- Education accounts for approximately 3% of the total Estonian CPI basket.
- Prices for education in Estonia have risen by 25% since 2015.
FAQs
Q: What does this economic trend measure?
A: The Estonia CPI for Education measures the change in prices for educational goods and services, including tuition, books, and supplies.
Q: Why is this trend relevant for users or analysts?
A: The education CPI is an important indicator of inflationary pressures and the cost of living, which are closely monitored by policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and price quotes from a sample of retail establishments.
Q: How is this trend used in economic policy?
A: The Estonia education CPI is used by the government and central bank to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The education CPI data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Estonia (ESTCPHP1000IXOBM), retrieved from FRED.