Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Japan

JPNCP080000GYM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

-15.50

Year-over-Year Change

-959.50%

Date Range

1/1/1971 - 6/1/2021

Summary

The Consumer Price Index (CPI) for Communication in Japan measures the price changes of goods and services related to communication, such as telecommunications and postal services. This key economic indicator provides insights into inflation and consumer spending patterns.

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 Communication CPI for Japan is part of the broader Consumer Price Index, which tracks the average change in prices paid by consumers for a basket of goods and services. The Communication CPI specifically focuses on the communication-related expenditures of Japanese households, offering valuable data for economists and policymakers.

Methodology

The data is collected through surveys of consumer expenditures and compiled by the Japanese government's Statistics Bureau.

Historical Context

The Communication CPI is used to monitor inflation, guide monetary policy, and understand consumer behavior in the Japanese economy.

Key Facts

  • The Communication CPI accounts for about 3.5% of the total Japanese CPI basket.
  • Communication costs have remained relatively stable in Japan compared to other consumer expenditure categories.
  • The Communication CPI has shown lower inflation rates than the overall Japanese CPI in recent years.

FAQs

Q: What does this economic trend measure?

A: The Consumer Price Index (CPI) for Communication in Japan measures the price changes of goods and services related to telecommunications, postal services, and other communication-related expenditures.

Q: Why is this trend relevant for users or analysts?

A: The Communication CPI provides important insights into consumer spending patterns and inflation dynamics in the Japanese economy, which is valuable information for economists, policymakers, and market analysts.

Q: How is this data collected or calculated?

A: The data is collected through surveys of consumer expenditures and compiled by the Japanese government's Statistics Bureau.

Q: How is this trend used in economic policy?

A: The Communication CPI is used to monitor inflation, guide monetary policy, and understand consumer behavior in the Japanese economy.

Q: Are there update delays or limitations?

A: The Communication CPI data is published monthly with minimal update delays, providing timely information to users.

Related Trends

Citation

U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Japan (JPNCP080000GYM), retrieved from FRED.