Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Estonia
ESTCPHP1200GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.10
Year-over-Year Change
19.61%
Date Range
1/1/1997 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Miscellaneous Goods and Services in Estonia measures changes in the prices paid by consumers for a basket of non-essential items like personal care, insurance, and other services. This indicator provides insights into broader inflationary trends and consumer spending patterns.
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 for Estonia is a component of the overall Consumer Price Index, which is a key measure of inflation used by policymakers and analysts to assess the health of the Estonian economy. This subindex specifically tracks price changes for discretionary consumer items.
Methodology
The data is collected through surveys of retail establishments and service providers across Estonia.
Historical Context
The Miscellaneous Goods and Services CPI is monitored by the Bank of Estonia and European Central Bank to gauge inflationary pressures and consumer behavior.
Key Facts
- The Miscellaneous Goods and Services CPI accounts for around 13% of the total Estonian CPI basket.
- Prices in this category have risen by an average of 3.2% annually over the past decade.
- Personal care items make up the largest component of the Miscellaneous Goods and Services CPI.
FAQs
Q: What does this economic trend measure?
A: The Miscellaneous Goods and Services CPI for Estonia measures changes in the prices paid by consumers for a basket of non-essential items like personal care, insurance, and other services.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into broader inflationary trends and consumer spending patterns, which are closely monitored by policymakers and analysts to assess the health of the Estonian economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and service providers across Estonia.
Q: How is this trend used in economic policy?
A: The Miscellaneous Goods and Services CPI is monitored by the Bank of Estonia and European Central Bank to gauge inflationary pressures and consumer behavior.
Q: Are there update delays or limitations?
A: The CPI data is typically published on a monthly basis with a short delay, providing timely insights into price 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 (ESTCPHP1200GYM), retrieved from FRED.