Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Luxembourg
LUXCP040100IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113.94
Year-over-Year Change
5.05%
Date Range
1/1/1995 - 1/1/2025
Summary
The Consumer Price Index (CPI) for Actual Rentals for Housing in Luxembourg measures changes in housing rental costs over time. This metric is crucial for assessing the cost of living and inflation in the country.
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 Actual Rentals for Housing CPI tracks the prices paid by consumers for rental housing in Luxembourg. It is a key component of the overall CPI and provides insight into the cost pressures faced by renters in the national economy.
Methodology
The data is collected through surveys of rental housing prices and is calculated using a weighted average based on expenditure patterns.
Historical Context
Policymakers and analysts use this CPI component to inform decisions on monetary policy, housing affordability, and cost-of-living adjustments.
Key Facts
- The base year for this CPI series is 2015.
- Rental costs make up approximately 6% of the total Luxembourg CPI basket.
- This CPI index has been published monthly since 1996.
FAQs
Q: What does this economic trend measure?
A: The Actual Rentals for Housing CPI measures changes in the prices paid by consumers for rental housing in Luxembourg.
Q: Why is this trend relevant for users or analysts?
A: This CPI component is crucial for assessing the cost of living and inflationary pressures faced by renters in the Luxembourg economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of rental housing prices and calculated using a weighted average based on expenditure patterns.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this CPI metric to inform decisions on monetary policy, housing affordability, and cost-of-living adjustments.
Q: Are there update delays or limitations?
A: This CPI series is published monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Luxembourg (LUXCP040100IXOBQ), retrieved from FRED.