Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Ireland
IRLCP120000IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
108.59
Year-over-Year Change
2.06%
Date Range
11/1/1982 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Miscellaneous Goods and Services in Ireland measures the change in prices for a broad basket of consumer items excluding food, energy, and housing. This index is a key indicator of overall consumer inflation trends in the Irish 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 Miscellaneous Goods and Services in Ireland is one of the major sub-indices that make up the country's overall Consumer Price Index. It tracks the price changes for a wide variety of consumer products and services, providing valuable insights into consumer spending patterns and inflationary pressures.
Methodology
The data is collected through regular surveys of consumer prices by the Irish Central Statistics Office.
Historical Context
Policymakers and analysts closely monitor this CPI component to assess the state of the Irish economy and guide fiscal and monetary policies.
Key Facts
- The CPI for Miscellaneous Goods and Services accounts for about 13% of Ireland's overall CPI basket.
- This index has risen by an average of 2.5% annually over the past decade.
- Prices in the 'Miscellaneous' category are a key input for the Irish Central Bank's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The CPI for Miscellaneous Goods and Services in Ireland measures the change in prices for a broad basket of consumer items excluding food, energy, and housing.
Q: Why is this trend relevant for users or analysts?
A: This index provides valuable insights into overall consumer spending patterns and inflationary pressures in the Irish economy, which is crucial information for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through regular consumer price surveys conducted by the Irish Central Statistics Office.
Q: How is this trend used in economic policy?
A: Policymakers and the Irish Central Bank closely monitor this CPI component to assess the state of the economy and guide fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The CPI for Miscellaneous Goods and Services in Ireland is published monthly with a typical 2-week lag, providing timely data for analysis.
Related Trends
Fertility Rate, Total for Ireland
SPDYNTFRTINIRL
Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 15 to 74 Years for Ireland
LRAC74MAIEA156N
Bank Capital to Total Assets for Ireland
DDSI03IEA156NWDB
Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 15 to 64 Years for Ireland
LFIN64MAIEA647S
Number of Listed Companies for Ireland
DDOM01IEA644NWDB
Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance (COICOP 05): Total for Ireland
IRLCP050000GPM
Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Ireland (IRLCP120000IXOBM), retrieved from FRED.