Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for G7
G7CPGRLE01GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.95
Year-over-Year Change
-33.24%
Date Range
1/1/1971 - 1/1/2025
Summary
The Consumer Price Index (CPI) for All Items Non-Food Non-Energy for the Group of Seven (G7) countries measures the changes in prices for consumer goods and services, excluding food and energy, across the major advanced economies.
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 CPI metric provides a comprehensive gauge of underlying inflationary pressures in the G7 countries, which include the United States, Japan, Germany, the United Kingdom, France, Italy, and Canada. It is a key indicator used by central banks and policymakers to assess broad price dynamics and inform monetary policy decisions.
Methodology
The data is collected through household surveys and vendor price reports across the G7 nations.
Historical Context
The CPI Non-Food Non-Energy metric helps analysts and policymakers understand the core inflationary trends within the major developed economies.
Key Facts
- The G7 countries account for over 30% of global GDP.
- Excluding food and energy helps isolate underlying inflation trends.
- The CPI Non-Food Non-Energy index is published monthly.
FAQs
Q: What does this economic trend measure?
A: The CPI Non-Food Non-Energy for the G7 measures changes in the prices of consumer goods and services, excluding volatile food and energy components, across the major advanced economies.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a comprehensive gauge of underlying inflationary pressures in the G7 countries, which is a key input for central bank policy decisions and economic analysis.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and vendor price reports across the G7 nations.
Q: How is this trend used in economic policy?
A: The CPI Non-Food Non-Energy metric helps analysts and policymakers understand the core inflationary trends within the major developed economies, informing monetary policy and other economic decisions.
Q: Are there update delays or limitations?
A: The CPI Non-Food Non-Energy index is published monthly with a short lag, providing timely insight into underlying price dynamics in the G7 countries.
Related Trends
Balance of Payments: Services: Expenditure for G7
G7B6DBSE01CXCUSAQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for G7
G7CPGRLE01IXOBM
Producer Prices Index: Economic activities: Manufacturing: Domestic for G7
G7PIEAMP02GYM
National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for G7
G7NAEXKP06IXOBSAQ
Infra-Annual Labor Statistics: Employment: Economic Activity: Services: Total for G7
G7LFEASETTSTSAQ
Infra-Annual Labor Statistics: Unemployment Male: From 15 to 64 Years for G7
G7LFUN64MASTQ
Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for G7 (G7CPGRLE01GYQ), retrieved from FRED.