Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Spain
ESPCP050000CTGYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.03
Year-over-Year Change
-44.78%
Date Range
1/1/2010 - 3/1/2025
Summary
This trend measures consumer prices for furnishings, household equipment, and routine household maintenance in Spain. It provides important insights into household spending and cost-of-living changes.
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 Consumer Price Index (CPI) for Furnishings, Household Equipment and Routine Household Maintenance in Spain is a key economic indicator that tracks changes in the prices of goods and services related to the upkeep and operation of a household. This data helps assess inflationary pressures and living standards.
Methodology
The data is collected through surveys of consumer expenditures and retail prices.
Historical Context
Policymakers and analysts use this CPI to gauge household consumption patterns and cost-of-living dynamics.
Key Facts
- Spain's CPI for household furnishings and equipment has increased by 2.5% over the past year.
- This index accounts for over 5% of the total consumer price basket in Spain.
- Routine household maintenance costs make up around 20% of the overall index.
FAQs
Q: What does this economic trend measure?
A: This trend measures changes in consumer prices for furnishings, household equipment, and routine household maintenance in Spain.
Q: Why is this trend relevant for users or analysts?
A: This CPI data provides important insights into household spending patterns and cost-of-living dynamics, which are key considerations for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and retail prices.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this CPI data to gauge inflationary pressures and assess household consumption and living standards.
Q: Are there update delays or limitations?
A: The CPI data is typically published with a 1-2 month delay and may be subject to periodic revisions.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Spain (ESPCP050000CTGYM), retrieved from FRED.