Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Argentina
ARGCP040000GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.07
Year-over-Year Change
-18.31%
Date Range
1/1/2017 - 11/1/2023
Summary
The Consumer Price Index (CPI) for Housing, Water, Electricity, Gas, and Other Fuels measures changes in the prices paid by Argentine consumers for these essential household goods and services. It is a key economic indicator for understanding inflation and the cost of living in Argentina.
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
This CPI series tracks the prices of a representative basket of housing-related expenses, including rent, utilities, and other domestic fuel costs. It is used by policymakers, economists, and the public to assess trends in the affordability of basic necessities and the overall rate of inflation in the Argentine economy.
Methodology
The data is collected through surveys of households and retailers by the Argentine National Institute of Statistics and Censuses.
Historical Context
Monitoring this CPI trend helps inform monetary and fiscal policies aimed at maintaining price stability and supporting household purchasing power.
Key Facts
- Argentina's housing CPI rose 83.4% year-over-year as of December 2022.
- Electricity, gas, and other household fuel prices increased 110.4% over the same period.
- Housing accounts for over 31% of the total CPI basket in Argentina.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index for Housing, Water, Electricity, Gas, and Other Fuels measures changes in the prices paid by Argentine consumers for these essential household goods and services.
Q: Why is this trend relevant for users or analysts?
A: This CPI trend is a key indicator of inflation and the cost of living in Argentina, helping policymakers, economists, and the public assess affordability of basic necessities.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and retailers by the Argentine National Institute of Statistics and Censuses.
Q: How is this trend used in economic policy?
A: Monitoring this CPI trend helps inform monetary and fiscal policies aimed at maintaining price stability and supporting household purchasing power in Argentina.
Q: Are there update delays or limitations?
A: The CPI data is published monthly by the Argentine government with a typical lag of 2-3 weeks.
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Citation
U.S. Federal Reserve, Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Argentina (ARGCP040000GPM), retrieved from FRED.