Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Slovak Republic
SVKCP100000IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
161.76
Year-over-Year Change
36.07%
Date Range
1/1/2002 - 1/1/2025
Summary
The Consumer Price Index (CPI) for Education in Slovakia measures changes in the prices of educational goods and services. This key economic indicator provides insight into inflation and cost-of-living trends for the education sector.
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 Education CPI for Slovakia is part of the Harmonized Index of Consumer Prices (HICP), a suite of consumer price indices used across the European Union. It tracks the prices paid by households for a representative basket of educational items, including tuition fees, textbooks, and other school-related expenses.
Methodology
The data is collected through regular surveys of prices at educational institutions and retailers.
Historical Context
The Education CPI is used by policymakers and analysts to assess inflationary pressures and guide decisions on education funding and subsidies.
Key Facts
- The Education CPI for Slovakia has a base year of 1999.
- It is part of the Harmonized Index of Consumer Prices (HICP) used across the EU.
- The index tracks a basket of educational goods and services purchased by households.
FAQs
Q: What does this economic trend measure?
A: The Education CPI for Slovakia measures changes in the prices of educational goods and services, including tuition fees, textbooks, and other school-related expenses.
Q: Why is this trend relevant for users or analysts?
A: The Education CPI provides insight into inflation and cost-of-living trends for the education sector, which is crucial information for policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of prices at educational institutions and retailers.
Q: How is this trend used in economic policy?
A: The Education CPI is used by policymakers and analysts to assess inflationary pressures and guide decisions on education funding and subsidies.
Q: Are there update delays or limitations?
A: The Education CPI for Slovakia is published regularly as part of the Harmonized Index of Consumer Prices (HICP) for the European Union.
Related Trends
Unit Labor Costs: Early Estimate of Quarterly Unit Labor Costs (ULC) Indicators: Labor Compensation per Unit of Labor Input: Total for Slovak Republic
ULQECU01SKQ661N
Infra-Annual Labor Statistics: Employment Rate Total: From 25 to 54 Years for Slovak Republic
LREM25TTSKA156N
Outstanding Total International Debt Securities to GDP for Slovakia
DDDM07SKA156NWDB
Harmonized Index of Consumer Prices: Sugar, Jam, Honey, Chocolate and Confectionery for Slovakia
CP0118SKM086NEST
Consumer Price Index: Transport (COICOP 07): Total for Slovak Republic
SVKCP070000GPM
Infra-Annual Labor Statistics: Unemployment Rate Male: From 25 to 54 Years for Slovak Republic
LRUN25MASKA156N
Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Slovak Republic (SVKCP100000IXOBQ), retrieved from FRED.