Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Japan
JPNCP040000IXOBM • 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 paid by consumers for these essential household expenses. It is a key indicator of inflation and living costs.
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 CPI component tracks price fluctuations for a basket of housing-related goods and services, providing insights into changes in the cost of basic necessities. It is widely used by policymakers, economists, and the public to assess inflationary pressures and the overall state of the Japanese economy.
Methodology
The data is collected through a nationwide survey of consumer prices by Japan's Statistics Bureau.
Historical Context
The Housing CPI is a crucial input for the Bank of Japan's monetary policy decisions and can influence consumer sentiment and spending patterns.
Key Facts
- Japan's Housing CPI has increased by 7.2% over the past 5 years.
- Housing costs account for over 25% of the average Japanese household's expenditures.
- The Housing CPI is a component of Japan's overall Consumer Price Index (CPI).
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Housing, Water, Electricity, Gas and Other Fuels in Japan measures changes in the prices paid by consumers for these essential household expenses.
Q: Why is this trend relevant for users or analysts?
A: This CPI component provides insights into changes in the cost of basic necessities, which is crucial for assessing inflationary pressures and the overall state of the Japanese economy.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer prices by Japan's Statistics Bureau.
Q: How is this trend used in economic policy?
A: The Housing CPI is a crucial input for the Bank of Japan's monetary policy decisions and can influence consumer sentiment and spending patterns.
Q: Are there update delays or limitations?
A: The Housing CPI data is published monthly with minimal delays, providing timely insights into changes in household expenses.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Japan (JPNCP040000IXOBM), retrieved from FRED.