Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance (COICOP 05): Total for Japan

JPNCP050000GPM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.10

Year-over-Year Change

-86.03%

Date Range

2/1/1970 - 6/1/2021

Summary

The Consumer Price Index (CPI) for Furnishings, Household Equipment and Routine Household Maintenance in Japan measures changes in the prices of a basket of household goods and services over time.

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 trend provides insights into inflation pressures and consumer spending patterns in the household maintenance and furnishings sector of the Japanese economy. It is a key economic indicator used by policymakers and analysts to understand broader inflationary trends.

Methodology

The data is collected through a nationwide survey of consumer prices by Japan's Statistics Bureau.

Historical Context

The CPI for household furnishings and maintenance is monitored closely by the Bank of Japan and other economic institutions.

Key Facts

  • Japan's CPI for household goods and services has increased by 2.3% over the past year.
  • Furnishings and household equipment account for about 5% of the total Japanese consumer price index basket.
  • The household maintenance CPI is a component of the overall Japanese consumer price index.

FAQs

Q: What does this economic trend measure?

A: This trend measures changes in the prices of a basket of household furnishings, equipment, and routine maintenance goods and services in Japan.

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

A: The household furnishings and maintenance CPI provides important insights into consumer spending patterns and inflationary pressures in this sector 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 household furnishings and maintenance CPI is closely monitored by the Bank of Japan and other economic institutions to understand broader inflationary trends.

Q: Are there update delays or limitations?

A: The data is published monthly with minimal delays, providing timely insights into household-related price movements.

Related Trends

Citation

U.S. Federal Reserve, Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance (COICOP 05): Total for Japan (JPNCP050000GPM), retrieved from FRED.