Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Maintenance and Repairs of the Dwellings: Total for Luxembourg
LUXCP040300GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.04
Year-over-Year Change
-84.95%
Date Range
2/1/1995 - 12/1/2023
Summary
The Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04) Maintenance and Repairs of the Dwellings: Total for Luxembourg measures price changes in household maintenance and repair costs in Luxembourg.
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 economic indicator tracks the inflation of household maintenance and repair services, a key component of the overall cost of living. It is used by policymakers and economists to assess price dynamics in the housing sector and its impact on consumer inflation.
Methodology
The data is collected through a nationwide survey of consumer prices by Luxembourg's statistical agency.
Historical Context
This index informs economic analysis and policymaking related to the Luxembourg housing market and household budgets.
Key Facts
- Measures price changes in household maintenance and repair costs.
- An important indicator of housing-related inflation in Luxembourg.
- Used by policymakers to assess cost-of-living dynamics.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks price changes in household maintenance and repair services, a key component of the overall cost of living in Luxembourg.
Q: Why is this trend relevant for users or analysts?
A: This index informs economic analysis and policymaking related to the Luxembourg housing market and household budgets.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer prices by Luxembourg's statistical agency.
Q: How is this trend used in economic policy?
A: This index is used by policymakers and economists to assess price dynamics in the housing sector and its impact on consumer inflation.
Q: Are there update delays or limitations?
A: There may be delays in data reporting or limitations in geographic or sectoral coverage compared to some other economic indicators.
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Citation
U.S. Federal Reserve, Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Maintenance and Repairs of the Dwellings: Total for Luxembourg (LUXCP040300GPM), retrieved from FRED.