Consumer Price Index: Miscellaneous Goods and Services (COICOP 12): Total for France
FRACP120000GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.24
Year-over-Year Change
-62.63%
Date Range
2/1/1990 - 11/1/2023
Summary
The Consumer Price Index: Miscellaneous Goods and Services (COICOP 12) measures the inflation rate for a broad basket of consumer items in France. It is a key economic indicator used to track changes in the overall 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
This index represents the price changes for a wide range of goods and services that fall outside major categories like food, housing, and transportation. It provides a comprehensive view of inflationary pressures in the French economy.
Methodology
The data is collected through surveys of consumer purchases and calculated using a weighted average of price changes.
Historical Context
Policymakers and economists analyze this index to understand broader inflationary trends and inform monetary and fiscal policy decisions.
Key Facts
- The base year for this index is 2015.
- Miscellaneous goods and services account for about 13% of the French consumer price basket.
- The index reached a record high of 105.36 in June 2022.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index: Miscellaneous Goods and Services (COICOP 12) measures the inflation rate for a broad basket of consumer items in France, excluding major categories like food and housing.
Q: Why is this trend relevant for users or analysts?
A: This index provides a comprehensive view of inflationary pressures in the French economy, which is useful for policymakers and economists analyzing broader cost-of-living trends.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer purchases and calculated using a weighted average of price changes.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this index to understand broader inflationary trends and inform monetary and fiscal policy decisions in France.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of around 2 weeks.
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Citation
U.S. Federal Reserve, Consumer Price Index: Miscellaneous Goods and Services (COICOP 12): Total for France (FRACP120000GPM), retrieved from FRED.