Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Portugal

PRTCPHP1200GYM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2.60

Year-over-Year Change

188.89%

Date Range

1/1/1997 - 3/1/2025

Summary

The Consumer Price Index (CPI) for Miscellaneous Goods and Services in Portugal measures changes in the prices of a wide range of household items, providing insight into overall consumer inflation 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 CPI for Miscellaneous Goods and Services tracks the prices of a diverse basket of products and services not classified in other CPI components, such as personal care items, financial services, and recreation-related expenses. This metric is a key indicator used by economists and policymakers to assess broad inflationary pressures in the Portuguese economy.

Methodology

The Portuguese National Statistics Institute collects price data from a sample of retail outlets to calculate this CPI series.

Historical Context

Trends in the Miscellaneous Goods and Services CPI are closely monitored by the European Central Bank and other institutions to inform monetary policy decisions.

Key Facts

  • The Miscellaneous Goods and Services CPI accounts for approximately 13% of the overall Portuguese CPI basket.
  • This CPI component has shown relatively stable year-over-year growth compared to more volatile categories like energy and food.
  • Tracking the Miscellaneous Goods and Services CPI is crucial for assessing the breadth and persistence of inflationary pressures.

FAQs

Q: What does this economic trend measure?

A: The Consumer Price Index (CPI) for Miscellaneous Goods and Services in Portugal measures changes in the prices of a wide range of household items not classified in other CPI components.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into overall consumer inflation trends and is a key indicator used by economists and policymakers to assess broad inflationary pressures in the Portuguese economy.

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 CPI series.

Q: How is this trend used in economic policy?

A: Trends in the Miscellaneous Goods and Services CPI are closely monitored by the European Central Bank and other institutions to inform monetary policy decisions.

Q: Are there update delays or limitations?

A: The CPI for Miscellaneous Goods and Services in Portugal is published monthly with a relatively short lag, providing timely data for economic analysis.

Related Trends

Citation

U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Portugal (PRTCPHP1200GYM), retrieved from FRED.