Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Spain
ESPCP040100IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
112.82
Year-over-Year Change
2.39%
Date Range
1/1/1976 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Actual Rentals for Housing in Spain tracks changes in the cost of housing rentals, a key component of consumer expenditures. This metric is crucial for understanding overall inflation trends and cost-of-living dynamics.
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 Actual Rentals for Housing CPI measures the price changes of rented accommodation services in Spain. It is a subcomponent of the broader Consumer Price Index, providing insight into a significant portion of household budgets. Economists and policymakers monitor this indicator to assess inflationary pressures and inform policies related to housing and the cost of living.
Methodology
The Spanish National Statistics Institute collects data on rental prices through household surveys to calculate this index.
Historical Context
The Actual Rentals for Housing CPI is used by the European Central Bank and Spanish government to evaluate inflation and guide monetary and fiscal policies.
Key Facts
- The CPI for Actual Rentals for Housing in Spain has a base year of 2015.
- This index accounts for approximately 8% of the total Spanish Consumer Price Index.
- Rental costs are a major household expense, making up about 20% of consumer expenditures in Spain.
FAQs
Q: What does this economic trend measure?
A: The Actual Rentals for Housing CPI measures changes in the prices of rented accommodation services in Spain. It is a subcomponent of the broader Consumer Price Index.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides crucial insight into housing costs, a significant portion of household budgets. Monitoring rental price changes helps economists and policymakers assess inflationary pressures and inform policies related to the cost of living.
Q: How is this data collected or calculated?
A: The Spanish National Statistics Institute collects data on rental prices through household surveys to calculate this index.
Q: How is this trend used in economic policy?
A: The Actual Rentals for Housing CPI is used by the European Central Bank and Spanish government to evaluate inflation and guide monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Spain (ESPCP040100IXOBM), retrieved from FRED.