Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Portugal
PRTCPHP0800GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.60
Year-over-Year Change
-110.53%
Date Range
1/1/1997 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Communication in Portugal measures changes in the prices of communication-related goods and services. It is a key indicator of inflationary pressures and consumer purchasing power.
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 Portugal is part of the COICOP (Classification of Individual Consumption by Purpose) framework, which provides a standardized system for classifying consumer expenditures. This metric helps economists and policymakers assess cost-of-living trends and the overall state of the Portuguese economy.
Methodology
The data is collected through surveys of prices for a representative basket of communication goods and services.
Historical Context
The Communication CPI is used to inform monetary and fiscal policies, as well as business and consumer decision-making.
Key Facts
- The base year for the Communication CPI in Portugal is 2015.
- Communication accounts for approximately 3.5% of the total consumer expenditure basket in Portugal.
- The Communication CPI is published monthly by the Bank of Portugal.
FAQs
Q: What does this economic trend measure?
A: The Communication CPI for Portugal measures changes in the prices of communication-related goods and services, such as telephone, internet, and postal services.
Q: Why is this trend relevant for users or analysts?
A: The Communication CPI is a key indicator of inflationary pressures and consumer purchasing power, which is relevant for policymakers, businesses, and households.
Q: How is this data collected or calculated?
A: The data is collected through surveys of prices for a representative basket of communication goods and services.
Q: How is this trend used in economic policy?
A: The Communication CPI is used to inform monetary and fiscal policies, as well as business and consumer decision-making.
Q: Are there update delays or limitations?
A: The Communication CPI for Portugal is published monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Portugal (PRTCPHP0800GYM), retrieved from FRED.