Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Colombia
COLCP040000GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.45
Year-over-Year Change
50.66%
Date Range
1/1/2010 - 1/1/2025
Summary
The Consumer Price Index (CPI) for Housing, Water, Electricity, Gas and Other Fuels in Colombia measures changes in the prices of these essential household expenses. This metric is a key indicator of inflation and cost-of-living pressures facing Colombian 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 is a subcomponent of the broader Consumer Price Index, which tracks the changing prices of a representative basket of consumer goods and services. This housing-focused CPI is used by policymakers and economists to assess inflationary trends and make informed decisions about monetary and fiscal policies.
Methodology
The Colombian statistical agency collects price data from a sample of retailers and service providers to calculate this index.
Historical Context
Trends in this CPI component can inform assessments of household affordability and the overall cost of living in Colombia.
Key Facts
- The CPI for Housing, Water, Electricity, Gas and Other Fuels accounts for over 25% of the total Colombian CPI basket.
- Housing costs have risen by an average of 4.2% annually in Colombia over the past decade.
- Trends in this CPI component can significantly impact consumer confidence and spending patterns.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Housing, Water, Electricity, Gas and Other Fuels in Colombia measures changes in the prices of these essential household expenses.
Q: Why is this trend relevant for users or analysts?
A: This CPI component is a key indicator of inflation and cost-of-living pressures facing Colombian consumers, informing policymaker assessments of household affordability.
Q: How is this data collected or calculated?
A: The Colombian statistical agency collects price data from a sample of retailers and service providers to calculate this index.
Q: How is this trend used in economic policy?
A: Trends in this CPI component can inform assessments of household affordability and the overall cost of living in Colombia, which are important considerations for monetary and fiscal policymakers.
Q: Are there update delays or limitations?
A: The Colombian CPI data is published on a monthly basis with a typical 2-week delay.
Related Trends
Business Tendency Surveys: Production: Economic Activity: Manufacturing: Tendency for Colombia
COLBSPRTE02STSAM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Colombia
COLCP100000GYQ
Liquid Assets to Deposits and Short Term Funding for Colombia
DDSI06COA156NWDB
Use of Financial Services: Key Indicators, Small and Medium Enterprises (SME) Borrowers from Commercial Banks (% of Non-financial Corporation Depositors with Commercial Banks) for Colombia
COLFCRODCSPNUM
Business Tendency Surveys: Orders Inflow: Economic Activity: Manufacturing: Tendency for Colombia
COLBSOITE02STSAM
General Government Gross Debt for Colombia
COLGGXWDGGDP
Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Colombia (COLCP040000GYQ), retrieved from FRED.