Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Israel
ISRCP030000IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
67.00
Year-over-Year Change
-12.97%
Date Range
1/1/1985 - 1/1/2025
Summary
The Consumer Price Index (CPI) for Clothing and Footwear in Israel measures changes in the retail prices paid by consumers for a basket of apparel and shoe products over time. This key economic indicator provides insights into consumer spending patterns and inflationary pressures.
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 Clothing and Footwear in Israel is a component of the broader Consumer Price Index, which tracks the average change in prices paid by consumers for a representative basket of goods and services. The Clothing and Footwear index specifically measures price fluctuations in apparel, accessories, and footwear purchased by Israeli households.
Methodology
The data is collected through surveys of retail establishments and then compiled by the Israeli Central Bureau of Statistics.
Historical Context
Economists and policymakers monitor this index to assess inflationary trends and consumer behavior within the apparel and footwear market.
Key Facts
- The base year for the Clothing and Footwear CPI in Israel is 2015.
- Apparel and footwear account for approximately 5% of the total Israeli Consumer Price Index basket.
- The CPI for Clothing and Footwear is released monthly by the Israeli Central Bureau of Statistics.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Clothing and Footwear in Israel measures the average change in retail prices paid by consumers for a basket of apparel and shoe products.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into inflationary pressures and consumer spending patterns within the apparel and footwear market, which is important for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and then compiled by the Israeli Central Bureau of Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this index to assess inflationary trends and consumer behavior within the apparel and footwear market, which can inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The CPI for Clothing and Footwear in Israel is released monthly by the Central Bureau of Statistics, with a typical delay of several weeks.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Israel (ISRCP030000IXOBQ), retrieved from FRED.