Federal Reserve Economic Data

Harmonized Index of Consumer Prices: Education for United States (CP1000USM086NEST)

Observation:

Oct 2024: 127.47 (+ more)   Updated: Nov 19, 2024 7:10 AM CST
Oct 2024:  127.47  
Sep 2024:  127.32  
Aug 2024:  125.65  
Jul 2024:  124.45  
Jun 2024:  124.11  
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Units:

Index 2015=100,
Not Seasonally Adjusted

Frequency:

Monthly

NOTES

Source: Eurostat  

Release: Harmonized Indices of Consumer Prices (HICP)  

Units:  Index 2015=100, Not Seasonally Adjusted

Frequency:  Monthly

Notes:

The Harmonized Index of Consumer Prices category "Education (10)" is a classification of services that includes educational services; education by radio or television broadcasting; literacy programs for students too old for primary school; out-of-school secondary education for adults and young people; out-of-school post-secondary non-tertiary education for adults and young people; and educational programs, generally for adults, which do not require any special prior instruction, in particular vocational training and cultural development.

Education (10) excludes expenditures on educational materials, such as books (09.5.1) and stationery (09.5.4), or education support services, such as health care services (06), transport services (07.3), catering services (11.1.2), accommodation services (11.2.0), driving lessons (07.2.4), and recreational training courses such as sport or bridge lessons given by independent teachers (09.4.1).
The breakdown of educational services is based upon the level categories of the 1997 International Standard Classification of Education (ISCED-97) of the United Nations Educational, Scientific and Cultural Organization (UNESCO).

This covers COICOP groups 10.1/2/3/4. Levels 0 and 1 of ISCED-97 are pre-primary and primary education. Levels 2 and 3 of ISCED-97 are lower-secondary and upper-secondary education. Level 4 of ISCED-97 are post-secondary non-tertiary education. Levels 5 and 6 of ISCED-97 are first stage and second stage of tertiary education.

Information provided in the notes pertaining to HICP classifications can be found from the source at: http://ec.europa.eu/eurostat/cache/metadata/en/prc_hicp_esms.htm.

Copyright, European Union, 1995-2016, http://ec.europa.eu/geninfo/legal_notices_en.htm#copyright.

Suggested Citation:

Eurostat, Harmonized Index of Consumer Prices: Education for United States [CP1000USM086NEST], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CP1000USM086NEST, .

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