Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for OECD

OECDCPGRLE01IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

140.83

Year-over-Year Change

19.51%

Date Range

1/1/1970 - 1/1/2025

Summary

The Consumer Price Index: All Items Non-Food Non-Energy for OECD measures the overall price changes for consumer goods and services, excluding food and energy, across the OECD countries. This indicator is a key metric for monitoring inflation and evaluating monetary policy.

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 Consumer Price Index: All Items Non-Food Non-Energy for OECD is a measure of the average change in prices paid by consumers for a basket of goods and services, excluding volatile food and energy components. It provides a more stable and focused view of underlying inflationary pressures within the OECD economies.

Methodology

The data is calculated based on price surveys of a representative basket of consumer goods and services across OECD member countries.

Historical Context

Policymakers and analysts closely monitor this index to assess the effectiveness of monetary policy and understand broader macroeconomic trends.

Key Facts

  • The index uses 2015 as the base year (2015 = 100).
  • It covers 37 OECD member countries as of 2023.
  • The index is released monthly by the OECD.

FAQs

Q: What does this economic trend measure?

A: The Consumer Price Index: All Items Non-Food Non-Energy for OECD measures the overall changes in consumer prices for goods and services, excluding volatile food and energy components, across OECD member countries.

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

A: This index provides a more stable and focused view of underlying inflationary pressures within the OECD economies, making it a key metric for policymakers and analysts to monitor for assessing monetary policy effectiveness and broader macroeconomic conditions.

Q: How is this data collected or calculated?

A: The data is calculated based on price surveys of a representative basket of consumer goods and services across OECD member countries.

Q: How is this trend used in economic policy?

A: Policymakers and analysts closely monitor this index to assess the effectiveness of monetary policy and understand broader macroeconomic trends within the OECD economies.

Q: Are there update delays or limitations?

A: The index is released monthly by the OECD, with a typical update delay of a few weeks.

Related Trends

Citation

U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for OECD (OECDCPGRLE01IXOBQ), retrieved from FRED.