Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services for France
FRACPHPSE01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121.01
Year-over-Year Change
2.33%
Date Range
1/1/1996 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Services in France measures changes in the prices paid by consumers for a basket of service-related goods and services. This key economic indicator provides insights into inflationary pressures and consumer purchasing power.
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 a subcomponent of the overall Consumer Price Index that tracks price changes for a comprehensive set of service categories, such as housing, transportation, recreation, and healthcare. It is a widely-used metric for gauging the cost of living and assessing the effectiveness of monetary and fiscal policies.
Methodology
The data is collected through surveys of retail establishments and service providers across France.
Historical Context
Policymakers and analysts closely monitor the CPI for Services to understand broader trends in consumer inflation and make informed decisions about economic management.
Key Facts
- The CPI for Services in France has a base year of 2015.
- Services account for over 50% of the total French CPI basket.
- The CPI for Services is a key input for the European Central Bank's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Services in France measures changes in the 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 crucial indicator of inflationary pressures and consumer purchasing power, providing insights that inform economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and service providers across France.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor the CPI for Services to understand broader trends in consumer inflation and make informed decisions about economic management.
Q: Are there update delays or limitations?
A: The CPI for Services data is published monthly with minimal delays, providing timely insights into the French economy.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services for France (FRACPHPSE01IXOBM), retrieved from FRED.