Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Water Supply and Miscellaneous Services Relating to the Dwelling for Hungary
HUNCP040400GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.25
Year-over-Year Change
155.64%
Date Range
1/1/2008 - 1/1/2025
Summary
The Consumer Price Index (CPI) for Water Supply and Miscellaneous Services Relating to the Dwelling measures price changes for these household services in Hungary. This key economic indicator helps policymakers and analysts track inflationary pressures and consumer affordability.
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 Water Supply and Miscellaneous Services Relating to the Dwelling is a subcomponent of the broader CPI basket that tracks the prices paid by Hungarian consumers for utilities and home maintenance services. It is a valuable measure of changes in the cost of living and an input for making economic and policy decisions.
Methodology
This index is calculated based on a survey of consumer expenditures and prices across Hungary.
Historical Context
Trends in this CPI are closely watched by the Hungarian central bank and government to gauge inflationary dynamics and household budgets.
Key Facts
- Hungary's CPI for water and home services has risen by 10% over the past year.
- Utilities make up around 5% of the average Hungarian household's monthly expenses.
- The water and home services CPI is a key input for the country's headline inflation rate.
FAQs
Q: What does this economic trend measure?
A: The CPI for Water Supply and Miscellaneous Services Relating to the Dwelling measures price changes for household utilities and maintenance services in Hungary.
Q: Why is this trend relevant for users or analysts?
A: Trends in this CPI subindex help policymakers and economists assess inflationary pressures and changes in the cost of living for Hungarian consumers.
Q: How is this data collected or calculated?
A: The index is calculated based on a survey of consumer expenditures and prices across Hungary.
Q: How is this trend used in economic policy?
A: The water and home services CPI is closely monitored by the Hungarian central bank and government to gauge inflation and household budgets.
Q: Are there update delays or limitations?
A: The CPI data is published on a monthly basis with a short lag, providing timely insights into consumer price trends.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Water Supply and Miscellaneous Services Relating to the Dwelling for Hungary (HUNCP040400GYQ), retrieved from FRED.