Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance (COICOP 05): Total for Japan
JPNCP050000IXNBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.44
Year-over-Year Change
1.63%
Date Range
1/1/1970 - 6/1/2021
Summary
The Consumer Price Index (CPI) for Furnishings, Household Equipment and Routine Household Maintenance tracks changes in prices for a basket of household goods and services in Japan.
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 represents the inflation experienced by Japanese consumers for items related to furnishings, household equipment, and routine household maintenance. It is a key economic indicator used to assess the overall cost of living and consumer purchasing power.
Methodology
The data is collected through surveys of household expenditures and retail prices.
Historical Context
Policymakers and analysts monitor this CPI to understand inflationary pressures and make informed decisions.
Key Facts
- Japan's CPI for household furnishings and equipment has a base year of 2020.
- This CPI category represents about 7% of the total Japanese consumer price index.
- The CPI for household furnishings and equipment helps track changes in the cost of living in Japan.
FAQs
Q: What does this economic trend measure?
A: This CPI series measures the changes in prices for a basket of household goods and services in Japan, including furnishings, household equipment, and routine household maintenance.
Q: Why is this trend relevant for users or analysts?
A: This CPI is a key indicator of inflationary pressures and consumer purchasing power, helping policymakers and analysts understand the overall cost of living in Japan.
Q: How is this data collected or calculated?
A: The data is collected through surveys of household expenditures and retail prices.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this CPI to make informed decisions about monetary and fiscal policies that can impact the cost of living and consumer spending in Japan.
Q: Are there update delays or limitations?
A: There may be some delays in the release of this data, and the basket of goods and services included in the index can change over time.
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Citation
U.S. Federal Reserve, Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance (COICOP 05): Total for Japan (JPNCP050000IXNBM), retrieved from FRED.