Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Estonia
ESTCP050000IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
140.91
Year-over-Year Change
1.86%
Date Range
1/1/1998 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Furnishings, Household Equipment and Routine Household Maintenance in Estonia measures changes in the prices paid by consumers for a basket of household goods and services. This metric is a key indicator of inflation and cost of living trends in the country.
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 in Estonia is a component of the overall Consumer Price Index, which tracks the average change in prices paid by consumers for a representative basket of goods and services. This subindex focuses specifically on the costs associated with maintaining and furnishing a household.
Methodology
The data is collected by Estonia's National Statistical Office through surveys of consumer prices.
Historical Context
Economists and policymakers use this CPI subindex to assess inflationary pressures and inform monetary and fiscal policy decisions.
Key Facts
- The base year for this CPI series is 2015.
- Estonia joined the Eurozone in 2011.
- Household furnishings and appliances account for over 5% of the typical Estonian consumer's budget.
FAQs
Q: What does this economic trend measure?
A: This CPI subindex measures changes in the prices paid by Estonian consumers for a basket of furnishings, household equipment, and routine household maintenance goods and services.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into inflationary pressures and the cost of living for Estonian households, which is useful for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices by Estonia's National Statistical Office.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this CPI subindex to assess inflationary pressures and inform monetary and fiscal policy decisions in Estonia.
Q: Are there update delays or limitations?
A: This CPI data is published monthly with a typical 2-week lag.
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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 (ESTCP050000IXOBM), retrieved from FRED.