Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Portugal
PRTCPHP0300GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.10
Year-over-Year Change
10.00%
Date Range
1/1/1997 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Clothing and Footwear in Portugal tracks changes in the prices paid by consumers for apparel and related items. This metric is a key indicator of inflationary pressures 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 CPI for Clothing and Footwear in Portugal is a subindex of the overall Consumer Price Index. It measures the average change in prices for a basket of apparel, footwear, and related accessories purchased by Portuguese households. This data is used by policymakers and analysts to assess the cost of living and inflationary trends.
Methodology
The Portuguese National Statistics Institute collects price data from a sample of retail outlets to calculate this index.
Historical Context
The CPI for Clothing and Footwear is monitored by the European Central Bank and other institutions to gauge consumer demand and broader price stability.
Key Facts
- Portugal's CPI for Clothing and Footwear has a base year of 2015.
- Apparel and footwear account for about 4% of the Portuguese consumer price basket.
- The CPI for Clothing and Footwear is published monthly by the National Statistics Institute.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Clothing and Footwear in Portugal tracks changes in the prices paid by consumers for apparel, footwear, and related accessories.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of inflationary pressures and consumer spending patterns, which are important for policymakers and analysts assessing the cost of living and broader economic conditions.
Q: How is this data collected or calculated?
A: The Portuguese National Statistics Institute collects price data from a sample of retail outlets to calculate this index.
Q: How is this trend used in economic policy?
A: The CPI for Clothing and Footwear is monitored by the European Central Bank and other institutions to gauge consumer demand and broader price stability.
Q: Are there update delays or limitations?
A: The CPI for Clothing and Footwear is published monthly by the National Statistics Institute with no significant update delays.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Portugal (PRTCPHP0300GYM), retrieved from FRED.