Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Maintenance and Repairs of the Dwellings: Total for Czech Republic
CZECP040300GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.06
Year-over-Year Change
-92.21%
Date Range
2/1/1995 - 11/1/2023
Summary
The Consumer Price Index (CPI) for Housing, Water, Electricity, Gas and Other Fuels in the Czech Republic measures changes in the prices of household maintenance and repair services. This metric provides insight into inflationary pressures and the cost of living for Czech 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 Maintenance and Repairs of Dwellings tracks the prices of materials and labor costs for routine home upkeep and repairs. This indicator is used by economists and policymakers to gauge overall price levels and consumer purchasing power in the Czech housing market.
Methodology
The Czech Statistical Office collects price data from a representative sample of maintenance and repair service providers to calculate this CPI series.
Historical Context
Trends in this CPI measure are relevant for monetary policy decisions and household budget analysis in the Czech Republic.
Key Facts
- The CPI for housing maintenance in the Czech Republic uses 2015 as the base year.
- This metric covers both labor and material costs for routine home repairs and upkeep.
- Trends in this CPI are closely monitored by the Czech National Bank for monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index for Maintenance and Repairs of Dwellings in the Czech Republic tracks changes in the prices of materials and labor for routine home upkeep and repairs.
Q: Why is this trend relevant for users or analysts?
A: This CPI metric provides insight into inflationary pressures and the cost of living for Czech consumers, which is crucial information for economists, policymakers, and households.
Q: How is this data collected or calculated?
A: The Czech Statistical Office collects price data from a representative sample of maintenance and repair service providers to calculate this CPI series.
Q: How is this trend used in economic policy?
A: Trends in this CPI measure are relevant for monetary policy decisions and household budget analysis in the Czech Republic.
Q: Are there update delays or limitations?
A: The CPI for housing maintenance in the Czech Republic is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Maintenance and Repairs of the Dwellings: Total for Czech Republic (CZECP040300GPM), retrieved from FRED.