Consumer Price Index: Housing for Denmark
DNKCPIHOUMINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
117.08
Year-over-Year Change
1.18%
Date Range
1/1/1981 - 5/1/2018
Summary
The Consumer Price Index (CPI) for Housing in Denmark measures changes in the prices of housing-related goods and services, providing insight into the cost of living and inflation trends.
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 Housing in Denmark is a key economic indicator that tracks the prices of various housing components, including rent, utilities, furnishings, and household operations. It is used by policymakers, economists, and consumers to understand the dynamics of the housing market and its impact on the overall cost of living.
Methodology
The data is collected by Denmark's national statistical agency through regular surveys and price observations.
Historical Context
The CPI for Housing is an important input for monetary policy decisions and household budget planning.
Key Facts
- The CPI for Housing accounts for approximately 23% of the total CPI basket in Denmark.
- Housing costs have risen by an average of 2.5% annually in Denmark over the past decade.
- Shelter costs, including rent and utilities, make up the largest component of the Housing CPI.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index for Housing in Denmark measures changes in the prices of housing-related goods and services, including rent, utilities, furnishings, and household operations.
Q: Why is this trend relevant for users or analysts?
A: The CPI for Housing is a crucial indicator for understanding the cost of living and inflation dynamics in Denmark, particularly as it relates to the housing market.
Q: How is this data collected or calculated?
A: The data is collected by Denmark's national statistical agency through regular surveys and price observations.
Q: How is this trend used in economic policy?
A: The CPI for Housing is an important input for monetary policy decisions and household budget planning in Denmark.
Q: Are there update delays or limitations?
A: The CPI for Housing data is typically released on a monthly basis with a short delay, providing timely information on housing-related inflation.
Related Trends
Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance (COICOP 05): Total for Denmark
DNKCP050000IXNBQ
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Denmark
DNKPROMANAISMEI
International Merchandise Trade Statistics: Trade Balance: Commodities for Denmark
XTNTVA01DKM667S
Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 25 Years or over for Denmark
LRHUADTTDKM156S
Harmonized Index of Consumer Prices: Postal Services for Denmark
CP0810DKM086NEST
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Denmark
DNKCP120000CTGYM
Citation
U.S. Federal Reserve, Consumer Price Index: Housing for Denmark (DNKCPIHOUMINMEI), retrieved from FRED.