Consumer Price Index: Harmonised prices: Housing, water, electricity, gas and other fuels (COICOP 04): Maintenance & repairs of the dwellings for the European Union
EU28CPHP0403GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.50
Year-over-Year Change
66.67%
Date Range
1/1/2001 - 1/1/2020
Summary
The Consumer Price Index (CPI) for Housing, Water, Electricity, Gas and Other Fuels in the European Union measures changes in the cost of maintaining and repairing dwellings. This metric is a key indicator of inflationary pressures and household expenses.
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 Housing, Water, Electricity, Gas and Other Fuels CPI is a subcomponent of the overall Harmonized Index of Consumer Prices (HICP) for the European Union. It specifically tracks the cost of services and materials related to the upkeep and repair of residential properties.
Methodology
This index is calculated based on price surveys of a representative basket of housing maintenance goods and services.
Historical Context
Policymakers and economists use this CPI component to assess inflation in the housing sector and its impact on consumer budgets.
Key Facts
- The index has a base year of 2015 = 100.
- Housing maintenance accounts for about 4% of the total HICP basket.
- Prices for this sector have risen 18% since 2015 in the EU.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index for Housing, Water, Electricity, Gas and Other Fuels measures changes in the cost of maintaining and repairing dwellings in the European Union.
Q: Why is this trend relevant for users or analysts?
A: This CPI component provides insight into inflationary pressures and household expenses related to housing upkeep, which is crucial for policymakers and economists.
Q: How is this data collected or calculated?
A: The index is calculated based on price surveys of a representative basket of housing maintenance goods and services.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this CPI component to assess inflation in the housing sector and its impact on consumer budgets.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately two weeks.
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Citation
U.S. Federal Reserve, Consumer Price Index: Harmonised prices: Housing, water, electricity, gas and other fuels (COICOP 04): Maintenance & repairs of the dwellings for the European Union (EU28CPHP0403GPM), retrieved from FRED.