Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Japan
JPNCP040000IXNBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
100.20
Year-over-Year Change
0.30%
Date Range
1/1/1970 - 6/1/2021
Summary
The Consumer Price Index (CPI) for Housing, Water, Electricity, Gas and Other Fuels in Japan measures changes in the prices of these essential household expenses over time. This metric is a key indicator of inflation and cost-of-living trends for Japanese consumers.
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 Housing, Water, Electricity, Gas and Other Fuels (COICOP 04) tracks the prices of a basket of goods and services related to maintaining a household in Japan. It is a subcomponent of the broader CPI, which is a widely used gauge of consumer inflation.
Methodology
The data is collected through surveys of consumers and businesses by Japan's Statistics Bureau.
Historical Context
Policymakers at the Bank of Japan monitor this CPI component closely to help guide monetary policy decisions.
Key Facts
- Japan's CPI for Housing, Utilities was 101.4 in 2022.
- This CPI component makes up around 23% of Japan's overall CPI basket.
- Household utility costs are a major expenditure for Japanese consumers.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Housing, Water, Electricity, Gas and Other Fuels in Japan tracks changes in the prices of essential household expenses over time.
Q: Why is this trend relevant for users or analysts?
A: This CPI component is a key indicator of inflation and cost-of-living pressures faced by Japanese consumers, making it relevant for policymakers, economists, and households.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumers and businesses by Japan's Statistics Bureau.
Q: How is this trend used in economic policy?
A: The Bank of Japan monitors this CPI component closely to help guide its monetary policy decisions aimed at maintaining price stability.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of 2-3 weeks, providing timely insights on household cost trends in Japan.
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Citation
U.S. Federal Reserve, Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Japan (JPNCP040000IXNBM), retrieved from FRED.