Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Japan

JPNCP050000CTGYM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.06

Year-over-Year Change

-46.36%

Date Range

1/1/2011 - 6/1/2021

Summary

The Consumer Price Index (CPI) for Furnishings, Household Equipment and Routine Household Maintenance in Japan tracks changes in the prices paid by consumers for a basket of household goods and services.

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 series measures the price changes over time for a fixed set of consumer items related to furnishings, household equipment, and routine home maintenance. It is a key economic indicator used to assess inflationary pressures and consumer spending patterns in Japan.

Methodology

The data is collected through a nationwide survey of retail prices for a representative sample of goods and services.

Historical Context

Policymakers and analysts monitor this CPI component to understand household consumption trends and guide economic decision-making.

Key Facts

  • The base year for this CPI series is 2015.
  • Japan's household furnishings CPI reached a high of 101.3 in December 2021.
  • Household furnishings make up about 5% of the total CPI basket in Japan.

FAQs

Q: What does this economic trend measure?

A: This CPI series measures changes in the prices paid by Japanese consumers for a basket of household furnishings, equipment, and routine maintenance items.

Q: Why is this trend relevant for users or analysts?

A: This CPI component provides insight into household consumption patterns and inflationary pressures related to furnishings and household operations in Japan.

Q: How is this data collected or calculated?

A: The data is collected through a nationwide survey of retail prices for a representative sample of household goods and services.

Q: How is this trend used in economic policy?

A: Policymakers and analysts monitor this CPI component to understand household consumption trends and guide economic decision-making in Japan.

Q: Are there update delays or limitations?

A: The CPI data is published monthly with a typical release lag of 2-3 weeks.

Related Trends

Citation

U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Japan (JPNCP050000CTGYM), retrieved from FRED.