Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Estonia
ESTCPHP1200IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
157.29
Year-over-Year Change
6.09%
Date Range
1/1/1996 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Miscellaneous Goods and Services in Estonia measures changes in the prices of a broad range of products and services, providing insights into overall inflationary trends.
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 CPI for Miscellaneous Goods and Services is a subcomponent of the headline Consumer Price Index, which is a key metric used to track and manage inflation. This series offers detailed data on price movements in a diverse set of consumer items, from personal care products to financial services.
Methodology
The data is collected through regular surveys of retail establishments and service providers across Estonia.
Historical Context
Policymakers and analysts closely monitor this CPI component to assess the broader state of consumer prices and inform economic decision-making.
Key Facts
- The CPI for Miscellaneous Goods and Services accounts for around 13% of the total Estonian CPI basket.
- This index has shown moderate annual growth of 2-3% over the past decade.
- Prices in the 'Miscellaneous' category tend to be less volatile than other CPI components.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Miscellaneous Goods and Services in Estonia measures changes in the prices of a wide range of consumer products and services, excluding major categories like food, housing, and transportation.
Q: Why is this trend relevant for users or analysts?
A: This CPI component provides valuable insights into inflationary pressures in the Estonian economy, complementing the headline CPI to give a more comprehensive view of consumer price dynamics.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of retail establishments and service providers across Estonia.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this CPI component to assess the broader state of consumer prices and inform economic decision-making, such as monetary policy actions.
Q: Are there update delays or limitations?
A: The CPI for Miscellaneous Goods and Services in Estonia is published on a monthly basis, with a typical release lag of around two weeks.
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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 (ESTCPHP1200IXOBM), retrieved from FRED.