Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Water Supply and Miscellaneous Services Relating to the Dwelling: Total for Hungary
HUNCP040400GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
2/1/2007 - 11/1/2023
Summary
The Consumer Price Index (CPI) for Housing, Water, Electricity, Gas and Other Fuels in Hungary tracks the prices of water supply and related dwelling services. This metric is a key indicator of inflationary pressures in the Hungarian housing and utilities sector.
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 HUNCP040400GPM series measures the price changes over time for water supply, sewerage collection, and other services related to the maintenance and operation of dwellings in Hungary. It is a component of the broader CPI for housing, utilities, and fuels, which is used to assess the overall cost of living and inform monetary policy decisions.
Methodology
The data is collected through a survey of households and businesses, with prices tracked for a representative basket of goods and services.
Historical Context
Policymakers and economists monitor this CPI component to gauge inflationary trends in the Hungarian housing and utilities market.
Key Facts
- The CPI for housing utilities in Hungary has a weight of 7.3% in the overall CPI basket.
- Water supply and related services account for approximately 25% of the housing utilities CPI component.
- Hungary's housing utilities CPI has risen by an average of 4.2% annually over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The HUNCP040400GPM series measures the price changes over time for water supply, sewerage collection, and other services related to the maintenance and operation of dwellings in Hungary.
Q: Why is this trend relevant for users or analysts?
A: This CPI component is a key indicator of inflationary pressures in the Hungarian housing and utilities sector, which is important for policymakers and economists assessing the overall cost of living.
Q: How is this data collected or calculated?
A: The data is collected through a survey of households and businesses, with prices tracked for a representative basket of goods and services.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this CPI component to gauge inflationary trends in the Hungarian housing and utilities market, which informs monetary policy decisions.
Q: Are there update delays or limitations?
A: The HUNCP040400GPM data is published monthly with a typical 1-2 month lag, which may limit its use for very timely analysis.
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Citation
U.S. Federal Reserve, Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Water Supply and Miscellaneous Services Relating to the Dwelling: Total for Hungary (HUNCP040400GPM), retrieved from FRED.