Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for France
FRACP090000GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.49
Year-over-Year Change
-83.28%
Date Range
1/1/1991 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Recreation and Culture in France measures changes in the prices of goods and services related to recreational activities, cultural events, and media. It is a key indicator for monitoring inflation in the French economy.
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 Recreation and Culture CPI for France is a component of the broader Consumer Price Index (CPI), which tracks the average change in prices paid by consumers for a basket of goods and services. The Recreation and Culture CPI specifically focuses on categories like entertainment, hobbies, sports, and cultural events.
Methodology
The data is collected through surveys of consumers and businesses, and calculated based on a weighted average of price changes.
Historical Context
The Recreation and Culture CPI is used by policymakers, economists, and market analysts to assess inflationary pressures and consumer spending patterns in France.
Key Facts
- The Recreation and Culture CPI has a weight of around 9% in the overall French CPI basket.
- Prices for recreational and cultural goods and services have risen by an average of 1.5% per year over the past decade in France.
- Leisure and entertainment make up the largest component of the Recreation and Culture CPI, accounting for over 50% of the index.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Recreation and Culture in France measures changes in the prices of goods and services related to recreational activities, cultural events, and media.
Q: Why is this trend relevant for users or analysts?
A: The Recreation and Culture CPI is a key indicator for monitoring inflation and consumer spending patterns in the French economy, which is important for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumers and businesses, and calculated based on a weighted average of price changes.
Q: How is this trend used in economic policy?
A: The Recreation and Culture CPI is used by policymakers, economists, and market analysts to assess inflationary pressures and consumer spending patterns in France.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of around 2 weeks.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for France (FRACP090000GYM), retrieved from FRED.