Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services for France

FRACPHPSE01GYM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2.30

Year-over-Year Change

-30.30%

Date Range

1/1/1997 - 4/1/2025

Summary

The Consumer Price Index (CPI) for Services in France measures the change in prices paid by consumers for a basket of service-related goods and services. This metric is a key indicator of inflation and consumer spending patterns 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 CPI for Services in France is part of the broader Harmonized Index of Consumer Prices (HICP), which provides a comparable measure of inflation across European Union countries. Service-related items make up a significant portion of household expenditures, so this index is closely watched by policymakers and analysts.

Methodology

The French national statistical agency, INSEE, collects price data from a sample of service providers to calculate this monthly index.

Historical Context

The CPI for Services is used by the European Central Bank and French government to inform monetary and fiscal policy decisions.

Key Facts

  • France's CPI for Services has a base year of 1999.
  • Services make up over 50% of the total French CPI basket.
  • This index is released on a monthly basis.

FAQs

Q: What does this economic trend measure?

A: The Consumer Price Index (CPI) for Services in France measures the change in prices paid by consumers for a basket of service-related goods and services.

Q: Why is this trend relevant for users or analysts?

A: The CPI for Services is a key indicator of inflation and consumer spending patterns in the French economy, making it closely watched by policymakers and analysts.

Q: How is this data collected or calculated?

A: The French national statistical agency, INSEE, collects price data from a sample of service providers to calculate this monthly index.

Q: How is this trend used in economic policy?

A: The CPI for Services is used by the European Central Bank and French government to inform monetary and fiscal policy decisions.

Q: Are there update delays or limitations?

A: This index is released on a monthly basis with no significant update delays.

Related Trends

Citation

U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services for France (FRACPHPSE01GYM), retrieved from FRED.