Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Costa Rica
CRICP040100GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.73
Year-over-Year Change
13.13%
Date Range
1/1/1996 - 10/1/2021
Summary
The Consumer Price Index (CPI) for Actual Rentals for Housing in Costa Rica is a key economic indicator that measures changes in the prices paid by consumers for housing rental services. It is an important metric for evaluating inflation and the cost of living in the country.
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 Actual Rentals for Housing in Costa Rica is part of the broader Consumer Price Indices (CPIs) and Harmonized Indices of Consumer Prices (HICPs) data, which track price changes across various consumer goods and services. This specific index focuses on the rental costs faced by households, providing insight into a major component of overall living expenses.
Methodology
The data is collected by the national statistical agency through surveys of rental prices.
Historical Context
Policymakers and analysts use this index to assess inflationary pressures and inform decisions on monetary policy and economic management.
Key Facts
- The base year for the CPI for Actual Rentals for Housing in Costa Rica is 2015.
- Rental costs account for a significant portion of household budgets in Costa Rica.
- This index is released on a monthly basis by the national statistical agency.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Actual Rentals for Housing in Costa Rica measures changes in the prices paid by consumers for housing rental services.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into a major component of the cost of living in Costa Rica, helping policymakers and analysts assess inflationary pressures and inform economic decisions.
Q: How is this data collected or calculated?
A: The data is collected by the national statistical agency through surveys of rental prices.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess inflationary pressures and inform decisions on monetary policy and economic management in Costa Rica.
Q: Are there update delays or limitations?
A: This index is released on a monthly basis by the national statistical agency, with no known significant delays or limitations.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Costa Rica (CRICP040100GYQ), retrieved from FRED.