Price Level of Government Consumption for France
PLOGINFRA623NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
132.32
Year-over-Year Change
7.54%
Date Range
1/1/1950 - 1/1/2010
Summary
The Price Level of Government Consumption for France measures changes in the price of goods and services purchased by the French government. This metric is important for economists and policymakers to understand government expenditure and fiscal 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 Price Level of Government Consumption for France is an index that tracks the cost of goods and services acquired by the French government. It is used to assess the impact of inflation on public sector budgets and spending.
Methodology
The data is calculated based on national accounts and government procurement records.
Historical Context
Monitoring this price index helps French officials make informed decisions about fiscal policy and government spending.
Key Facts
- The index has a base year of 2015 = 100.
- France's government consumption accounts for over 20% of GDP.
- The index has remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Government Consumption for France measures changes in the prices paid by the French government for goods and services it purchases.
Q: Why is this trend relevant for users or analysts?
A: This index is important for understanding government expenditure and the impact of inflation on public sector budgets.
Q: How is this data collected or calculated?
A: The data is calculated based on national accounts and government procurement records.
Q: How is this trend used in economic policy?
A: Monitoring this price index helps French officials make informed decisions about fiscal policy and government spending.
Q: Are there update delays or limitations?
A: The data is published regularly with minimal delays, providing timely information for policymakers and analysts.
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Citation
U.S. Federal Reserve, Price Level of Government Consumption for France (PLOGINFRA623NUPN), retrieved from FRED.