Harmonized Index of Consumer Prices: Materials for the Maintenance and Repair of the Dwelling for Spain
CP0431ESM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.67
Year-over-Year Change
0.69%
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 Spain measures the change in prices for materials used in home maintenance and repairs. This metric is a key indicator of inflationary pressures in the construction and housing sectors.
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 for Materials for the Maintenance and Repair of the Dwelling in Spain is part of the larger HICP, which is the primary measure of consumer price inflation in the Eurozone. This subindex tracks the costs of materials like lumber, plumbing supplies, and electrical components that are used to maintain and repair residential dwellings.
Methodology
The data is collected through surveys of retailers and service providers across Spain.
Historical Context
Policymakers and economists closely monitor HICP trends to assess overall inflation and guide monetary policy decisions.
Key Facts
- The base year for the HICP index is 2015 = 100.
- Materials for the Maintenance and Repair of the Dwelling account for about 3% of the total HICP basket in Spain.
- HICP data is published monthly by Eurostat.
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 Spain measures the change in prices for materials used in home maintenance and repairs.
Q: Why is this trend relevant for users or analysts?
A: This HICP subindex is a key indicator of inflationary pressures in the construction and housing sectors, which is important for policymakers and economists monitoring overall inflation.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers and service providers across Spain.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor HICP trends, including this subindex, to assess overall inflation and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: HICP data is published monthly by Eurostat with a short delay.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Materials for the Maintenance and Repair of the Dwelling for Spain (CP0431ESM086NEST), retrieved from FRED.