Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Water Supply and Miscellaneous Services Relating to the Dwelling: Total for Germany
DEUCP040400GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.52
Year-over-Year Change
-220.36%
Date Range
4/1/1995 - 7/1/2023
Summary
The Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Water Supply and Miscellaneous Services Relating to the Dwelling: Total for Germany measures changes in the prices of water supply and related services in Germany. This index is a key indicator of inflationary pressures in the housing and utilities sector.
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
This index tracks the prices paid by German consumers for water supply, sewerage collection, and other services related to the dwelling. It is a component of the broader Consumer Price Index, which is used to measure overall inflation in the German economy. Economists and policymakers monitor this index to assess cost-of-living changes and guide monetary and fiscal policies.
Methodology
The data is collected through surveys of German households and businesses by the Federal Statistical Office.
Historical Context
This index helps inform the European Central Bank's monetary policy decisions for the Eurozone.
Key Facts
- Germany's water supply and related services account for around 3% of the Consumer Price Index.
- This index has risen by an average of 2.5% annually over the past decade.
- Housing and utilities are the second-largest component of the German CPI basket after food.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the prices German consumers pay for water supply, sewerage collection, and other miscellaneous housing-related services.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator of inflationary pressures in the housing and utilities sector, which is a key component of the overall Consumer Price Index.
Q: How is this data collected or calculated?
A: The data is collected through surveys of German households and businesses by the Federal Statistical Office.
Q: How is this trend used in economic policy?
A: This index helps inform the European Central Bank's monetary policy decisions for the Eurozone, as it reflects cost-of-living changes for German consumers.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately two weeks.
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Citation
U.S. Federal Reserve, Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Water Supply and Miscellaneous Services Relating to the Dwelling: Total for Germany (DEUCP040400GPQ), retrieved from FRED.