Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Estonia
ESTCP050000GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.23
Year-over-Year Change
-76.84%
Date Range
1/1/1999 - 1/1/2025
Summary
The Consumer Price Index (CPI) for Furnishings, Household Equipment and Routine Household Maintenance in Estonia tracks changes in the cost of goods and services related to maintaining a household, providing insight into consumer inflation pressures.
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 Furnishings, Household Equipment and Routine Household Maintenance is a subindex of the broader Estonian Consumer Price Index. It measures the average change in prices paid by Estonian consumers for household items, appliances, and services needed for regular home upkeep and operation.
Methodology
The data is collected through surveys of Estonian households and retail establishments.
Historical Context
This CPI subindex is used by policymakers and analysts to assess inflationary trends and consumer purchasing power in Estonia.
Key Facts
- Estonia's CPI for Furnishings, Household Equipment and Routine Maintenance has a base year of 2015.
- This subindex makes up around 6% of the total Estonian CPI basket.
- Prices in this category have risen by an average of 2.5% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Furnishings, Household Equipment and Routine Household Maintenance tracks changes in the prices paid by Estonian consumers for a basket of household goods and services.
Q: Why is this trend relevant for users or analysts?
A: This CPI subindex provides important insight into inflationary pressures and consumer purchasing power within the household goods and maintenance sector of the Estonian economy.
Q: How is this data collected or calculated?
A: The data is gathered through surveys of Estonian households and retail establishments.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this CPI subindex to assess broader inflationary trends and their impact on consumer spending and the overall Estonian economy.
Q: Are there update delays or limitations?
A: The CPI for Furnishings, Household Equipment and Routine Household Maintenance is published monthly with a typical 2-3 week delay.
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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 Estonia (ESTCP050000GYQ), retrieved from FRED.