Consumer Price Index: Harmonized Prices: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Germany
DEUCPHP0400GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.50
Year-over-Year Change
-225.00%
Date Range
2/1/1996 - 11/1/2023
Summary
The Consumer Price Index: Harmonized Prices for Housing, Water, Electricity, Gas and Other Fuels in Germany measures changes in the prices paid by consumers for these essential goods and services.
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 harmonized price index is a key indicator of inflationary pressures and the cost of living in Germany. It is used by policymakers and economists to assess the health of the German economy and inform monetary and fiscal policy decisions.
Methodology
The data is collected through a nationwide survey of consumer prices by the German Federal Statistical Office.
Historical Context
This index provides important context for the European Central Bank's monetary policy and analysis of the Eurozone economy.
Key Facts
- The index has a base year of 2015 = 100.
- Housing, water, electricity, gas and other fuels account for over 25% of the German CPI basket.
- Prices in this category have a significant impact on overall inflation in Germany.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the prices paid by German consumers for housing, water, electricity, gas, and other household fuels.
Q: Why is this trend relevant for users or analysts?
A: This harmonized price index is a key indicator of inflationary pressures and the cost of living in Germany, providing important context for economic policymaking.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer prices by the German Federal Statistical Office.
Q: How is this trend used in economic policy?
A: This index is used by the European Central Bank and other policymakers to assess inflationary pressures and the overall health of the Eurozone economy.
Q: Are there update delays or limitations?
A: The index is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Consumer Price Index: Harmonized Prices: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Germany (DEUCPHP0400GPM), retrieved from FRED.