Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Ireland
IRLCPHP1200IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
95.80
Year-over-Year Change
-0.73%
Date Range
1/1/1996 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Miscellaneous Goods and Services in Ireland measures the change in prices for a broad range of consumer items not captured in other CPI categories. This metric is a key indicator of overall inflation trends 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 Miscellaneous Goods and Services CPI for Ireland tracks price fluctuations across a diverse basket of consumer products and services, including personal care items, financial services, and recreation expenses. This index provides insight into inflationary pressures beyond just food and energy costs.
Methodology
The data is collected through regular surveys of Irish consumers and businesses.
Historical Context
Policymakers and analysts use this CPI component to assess the broader cost-of-living landscape and inform economic decision-making.
Key Facts
- The Miscellaneous Goods and Services CPI is one of 12 major CPI components in Ireland.
- This index has a base year of 1996 = 100.
- Prices are collected from a nationwide sample of Irish households and businesses.
FAQs
Q: What does this economic trend measure?
A: The Miscellaneous Goods and Services CPI for Ireland tracks price changes for a wide range of consumer items beyond food, energy, and housing.
Q: Why is this trend relevant for users or analysts?
A: This CPI component provides crucial insight into broader inflationary pressures and the overall cost of living in Ireland.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of Irish consumers and businesses.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this CPI component to assess inflationary trends and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The Miscellaneous Goods and Services CPI is published monthly with a typical 2-3 week lag from the reference period.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Ireland (IRLCPHP1200IXOBM), retrieved from FRED.