Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services for France
FRACPGRSE01GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.31
Year-over-Year Change
-22.97%
Date Range
1/1/1991 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Services in France measures changes in the prices of services consumed by French households. It is a key indicator of inflation and helps policymakers assess the broader economic environment.
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 Services in France tracks price movements across a range of service categories, including housing, transportation, recreation, and healthcare. It is part of the larger Harmonized Index of Consumer Prices (HICP) framework used across the European Union.
Methodology
The data is collected through surveys of French households and businesses.
Historical Context
The CPI for Services is closely monitored by the European Central Bank in its monetary policy decisions.
Key Facts
- The CPI for Services accounts for over 40% of the total French CPI basket.
- Service sector inflation has generally remained lower than goods inflation in France.
- This index is published monthly by the French National Institute of Statistics and Economic Studies.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Services in France measures changes in the prices of services consumed by French households, a key indicator of inflation.
Q: Why is this trend relevant for users or analysts?
A: The CPI for Services is closely watched by policymakers and economists to assess inflationary pressures and overall economic conditions in France.
Q: How is this data collected or calculated?
A: The data is collected through surveys of French households and businesses.
Q: How is this trend used in economic policy?
A: The CPI for Services is monitored by the European Central Bank in its monetary policy decisions for the Eurozone.
Q: Are there update delays or limitations?
A: The CPI for Services is published monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services for France (FRACPGRSE01GYM), retrieved from FRED.