Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Water Supply and Miscellaneous Services Relating to the Dwelling for Ireland
IRLCP040400GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.94
Year-over-Year Change
44.21%
Date Range
1/1/2004 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Water Supply and Miscellaneous Services Relating to the Dwelling in Ireland measures changes in the prices paid by consumers for these essential household services. This metric is a key indicator of inflation and cost of living pressures.
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 in Ireland is part of the Harmonized Index of Consumer Prices (HICP), which tracks the changes in the prices of consumer goods and services across the European Union. This sub-index focuses specifically on the costs associated with household utilities and services.
Methodology
The data is collected through surveys of consumer prices and compiled by Ireland's Central Statistics Office.
Historical Context
Policymakers and economists use this CPI sub-index to assess inflationary trends and the impact on household budgets.
Key Facts
- The CPI for Water Supply and Miscellaneous Services in Ireland has a base year of 1999.
- This sub-index accounts for approximately 2.5% of the overall Irish CPI basket.
- Prices for this category have risen by 65% since the base year.
FAQs
Q: What does this economic trend measure?
A: The CPI for Water Supply and Miscellaneous Services Relating to the Dwelling in Ireland measures changes in the prices paid by consumers for these essential household services.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of inflation and cost of living pressures, providing insights into the changing expenses faced by Irish households.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices and compiled by Ireland's Central Statistics Office.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this CPI sub-index to assess inflationary trends and the impact on household budgets.
Q: Are there update delays or limitations?
A: The CPI data is typically published on a monthly basis with a short delay, providing timely insights into price changes.
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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 Ireland (IRLCP040400GYM), retrieved from FRED.