Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Portugal
PRTCP080000IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113.03
Year-over-Year Change
-1.25%
Date Range
1/1/1948 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Communication measures changes in the prices paid by consumers for communication-related goods and services in Portugal. It is a key indicator of inflation and helps policymakers and analysts understand consumer spending trends.
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 is a subcomponent of the overall 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 prices related to telecommunications, postal services, and information processing equipment.
Methodology
The data is collected through surveys of consumer prices by Portugal's National Statistical Institute.
Historical Context
The Communication CPI is used by the European Central Bank and other institutions to monitor inflationary pressures and inform monetary policy decisions.
Key Facts
- The Communication CPI has a base year of 2015=100.
- Communication accounts for around 3.5% of the overall Portuguese CPI basket.
- The Communication CPI has shown relatively stable growth compared to the overall CPI in recent years.
FAQs
Q: What does this economic trend measure?
A: The Communication CPI measures changes in the prices paid by consumers in Portugal for goods and services related to telecommunications, postal services, and information processing equipment.
Q: Why is this trend relevant for users or analysts?
A: The Communication CPI is an important indicator of inflationary pressures and consumer spending patterns in Portugal, helping policymakers and analysts understand the broader economic environment.
Q: How is this data collected or calculated?
A: The data is collected through consumer price surveys conducted by Portugal's National Statistical Institute.
Q: How is this trend used in economic policy?
A: The Communication CPI is used by the European Central Bank and other institutions to monitor inflation and inform monetary policy decisions that affect the Portuguese and broader European economies.
Q: Are there update delays or limitations?
A: The Communication CPI data is typically published on a monthly basis with a short lag, providing timely information to policymakers and analysts.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Portugal (PRTCP080000IXOBM), retrieved from FRED.