Harmonized Index of Consumer Prices: Materials for the Maintenance and Repair of the Dwelling for Estonia
CP0431EEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
155.55
Year-over-Year Change
-0.56%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Materials for the Maintenance and Repair of the Dwelling in Estonia is an important economic indicator that tracks changes in the prices of materials used for home maintenance and repair.
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 HICP Materials for the Maintenance and Repair of the Dwelling index measures the price changes of a basket of goods and services related to home upkeep, providing insight into consumer spending and inflationary pressures in Estonia's housing sector.
Methodology
The data is collected by Estonia's National Statistical Institute through a monthly survey of retail prices.
Historical Context
This index is closely monitored by policymakers and analysts to assess cost-of-living trends and guide economic decision-making.
Key Facts
- The base year for the HICP index is 2015.
- Estonia joined the Eurozone in 2011.
- The HICP is a key indicator for the European Central Bank's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Materials for the Maintenance and Repair of the Dwelling in Estonia measures the changes in prices of a basket of goods and services related to home upkeep and repair.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into inflationary pressures and consumer spending patterns in Estonia's housing sector, which is crucial information for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected monthly by Estonia's National Statistical Institute through a survey of retail prices.
Q: How is this trend used in economic policy?
A: The HICP Materials for the Maintenance and Repair of the Dwelling index is closely monitored by the European Central Bank and other policymakers to assess cost-of-living trends and guide economic decision-making.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Materials for the Maintenance and Repair of the Dwelling for Estonia (CP0431EEM086NEST), retrieved from FRED.