Consumer Price Index: OECD Groups: Housing: Housing Excluding Imputed Rentals for Housing for Hungary
HUNCPGRHO02GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.07
Year-over-Year Change
153.57%
Date Range
4/1/2000 - 7/1/2023
Summary
The Consumer Price Index: OECD Groups: Housing: Housing Excluding Imputed Rentals for Housing for Hungary measures the change in prices for housing-related goods and services in Hungary, excluding the cost of imputed rentals.
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
This index is a key indicator of inflationary pressures in the Hungarian housing market. It provides insights into the costs of housing-related goods and services that consumers pay, excluding the impact of imputed rental values.
Methodology
The data is collected and calculated by the Organisation for Economic Co-operation and Development (OECD).
Historical Context
Policymakers and analysts use this index to assess housing-related inflation and its impact on the overall cost of living in Hungary.
Key Facts
- Hungary's housing costs have risen steadily in recent years.
- This index excludes the impact of imputed rental values.
- Monitoring housing inflation is crucial for policymakers
FAQs
Q: What does this economic trend measure?
A: This index measures the change in prices for housing-related goods and services in Hungary, excluding the cost of imputed rentals.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into housing-related inflationary pressures in Hungary, which is crucial for understanding the overall cost of living and informing economic policies.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Organisation for Economic Co-operation and Development (OECD).
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess housing-related inflation and its impact on the overall cost of living in Hungary, which informs economic policies and decisions.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and methodological updates of the OECD.
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Citation
U.S. Federal Reserve, Consumer Price Index: OECD Groups: Housing: Housing Excluding Imputed Rentals for Housing for Hungary (HUNCPGRHO02GPQ), retrieved from FRED.