Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Portugal
PRTCPHP0800IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114.04
Year-over-Year Change
-0.58%
Date Range
1/1/1996 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Communication in Portugal measures changes in the prices of communication goods and services. It is a key indicator of inflation and a vital tool for economic policymakers.
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 part of the broader Consumer Price Index (CPI), which tracks changes in the prices paid by consumers for a basket of goods and services. The Communication CPI specifically focuses on the communication sector, providing insights into price trends for telephones, internet, postal services, and related products.
Methodology
The data is collected through surveys of consumers and businesses, then aggregated and indexed to track price changes over time.
Historical Context
The Communication CPI is used by the Portuguese government, central bank, and other institutions to monitor inflationary pressures and inform economic policy decisions.
Key Facts
- The Communication CPI has a base year of 1999.
- It is part of the broader Consumer Price Index (CPI) for Portugal.
- Communication accounts for around 3% of the total CPI basket in Portugal.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Communication in Portugal measures changes in the prices of communication goods and services, including telephones, internet, and postal services.
Q: Why is this trend relevant for users or analysts?
A: The Communication CPI is a key indicator of inflation in the communication sector, providing important insights for economic policymakers, businesses, and consumers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumers and businesses, then aggregated and indexed to track price changes over time.
Q: How is this trend used in economic policy?
A: The Communication CPI is used by the Portuguese government, central bank, and other institutions to monitor inflationary pressures and inform economic policy decisions.
Q: Are there update delays or limitations?
A: There may be a delay of several weeks or months in the release of the latest Communication CPI data.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Portugal (PRTCPHP0800IXOBM), retrieved from FRED.