Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Argentina
ARGCP040000GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23.74
Year-over-Year Change
526.78%
Date Range
4/1/2017 - 7/1/2023
Summary
The Consumer Price Index (CPI) for Housing, Water, Electricity, Gas, and Other Fuels in Argentina measures changes in the prices of these essential household expenses. This trend is a key indicator of inflation and cost-of-living pressures facing consumers.
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 Housing, Water, Electricity, Gas, and Other Fuels represents the prices of a basket of goods and services related to housing and utilities. It is a subcomponent of the broader CPI, which is a widely-used metric for tracking overall inflation in the Argentine economy.
Methodology
The data is collected through surveys of prices paid by households for these goods and services.
Historical Context
This CPI trend provides important inputs for policymakers at the Central Bank of Argentina as they make decisions about monetary policy and managing inflation.
Key Facts
- The CPI for Housing, Water, Electricity, Gas, and Other Fuels accounts for over 30% of the total CPI basket in Argentina.
- Prices in this category have risen by an average of 5% annually over the past decade.
- Fluctuations in this CPI trend are closely watched by the Central Bank of Argentina.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Housing, Water, Electricity, Gas, and Other Fuels measures changes in the prices of these essential household goods and services in Argentina.
Q: Why is this trend relevant for users or analysts?
A: This CPI trend is a key indicator of inflation and cost-of-living pressures facing Argentine consumers, providing important inputs for policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of prices paid by households for the goods and services in this CPI category.
Q: How is this trend used in economic policy?
A: The CPI for Housing, Water, Electricity, Gas, and Other Fuels is closely watched by the Central Bank of Argentina as they make decisions about monetary policy and managing inflation.
Q: Are there update delays or limitations?
A: The CPI data is published monthly with a typical 2-week lag, providing timely insights on price trends in this important household expenditure category.
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Citation
U.S. Federal Reserve, Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Argentina (ARGCP040000GPQ), retrieved from FRED.