Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing Excluding Imputed Rentals for Housing for Australia

AUSCPGRHO02IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

124.96

Year-over-Year Change

17.64%

Date Range

7/1/1980 - 1/1/2025

Summary

The Consumer Price Index (CPI) for Housing Excluding Imputed Rentals for Housing tracks changes in housing costs excluding rental equivalents for Australian consumers. It is a key measure of inflation and cost of living for policymakers.

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 Excluding Imputed Rentals for Housing is a subcategory of the broader Australian Consumer Price Index (CPI). It measures the price changes of housing-related goods and services, excluding the imputed rental value of owner-occupied housing. This index provides important insights into housing affordability and inflationary pressures for Australian households.

Methodology

The Australian Bureau of Statistics collects price data from a representative sample of housing-related items to calculate this index.

Historical Context

Policymakers and analysts use this CPI component to assess the impact of housing costs on overall inflation and consumer spending.

Key Facts

  • Australia's CPI for Housing Excluding Imputed Rentals rose 7.4% in the past year.
  • Housing costs make up over 20% of the total Australian CPI basket.
  • This index excludes the estimated rental value of owner-occupied housing.

FAQs

Q: What does this economic trend measure?

A: The Consumer Price Index (CPI) for Housing Excluding Imputed Rentals for Housing tracks changes in housing costs for Australian consumers, excluding the estimated rental value of owner-occupied homes.

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

A: This index provides important insights into housing affordability and inflationary pressures for Australian households, which is crucial information for policymakers and economists.

Q: How is this data collected or calculated?

A: The Australian Bureau of Statistics collects price data from a representative sample of housing-related items to calculate this index.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this CPI component to assess the impact of housing costs on overall inflation and consumer spending, informing decisions on monetary and fiscal policy.

Q: Are there update delays or limitations?

A: The data is published quarterly by the Australian Bureau of Statistics, with a typical release lag of 1-2 months.

Related Trends

Citation

U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing Excluding Imputed Rentals for Housing for Australia (AUSCPGRHO02IXOBQ), retrieved from FRED.