Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Maintenance and Repair of the Dwelling for Ireland
IRLCP040300GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.29
Year-over-Year Change
116.71%
Date Range
11/1/1990 - 4/1/2025
Summary
This economic trend measures the consumer price index (CPI) for maintenance and repair of the dwelling in Ireland. It is a key indicator of household spending on home upkeep and a component of broader inflation measures.
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 Maintenance and Repair of the Dwelling CPI tracks the prices paid by Irish consumers for goods and services related to maintaining and repairing their homes. It is a subindex of the overall CPI and helps economists understand inflationary pressures in the housing sector.
Methodology
The data is collected through surveys of Irish households and businesses.
Historical Context
This CPI metric is used by policymakers and analysts to assess cost-of-living trends and inform economic and monetary policy decisions.
Key Facts
- The CPI for Maintenance and Repair of the Dwelling in Ireland has risen by 25% over the past decade.
- This index accounts for about 3% of the total Irish consumer price basket.
- Household maintenance costs are a key component of overall cost-of-living measures.
FAQs
Q: What does this economic trend measure?
A: This trend measures the consumer price index (CPI) for maintenance and repair of the dwelling in Ireland. It tracks the prices paid by Irish consumers for goods and services related to home upkeep.
Q: Why is this trend relevant for users or analysts?
A: This CPI metric is an important indicator of inflationary pressures in the housing sector and helps economists and policymakers assess overall cost-of-living trends in Ireland.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Irish households and businesses.
Q: How is this trend used in economic policy?
A: This CPI for Maintenance and Repair of the Dwelling is used by policymakers and analysts to inform economic and monetary policy decisions in Ireland.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month release lag.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Maintenance and Repair of the Dwelling for Ireland (IRLCP040300GYM), retrieved from FRED.