Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services Less Housing (Housing Excluding Imputed Rentals for Housing) for Luxembourg
Index 2015=100, Monthly
LUXCPGRLH02IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
123.27
Year-over-Year Change
2.43%
Date Range
1/1/1995 - 4/1/2025
Summary
The Index 2015=100, Monthly tracks the monthly changes in a price index for luxury consumer goods. This metric is closely watched by economists and policymakers as an indicator of consumer demand and spending patterns.
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 index measures the changes in retail prices for a basket of high-end consumer goods and services, with 2015 as the base year. It provides insight into the luxury segment of the consumer market and can signal shifts in consumer preferences and spending behavior.
Methodology
The data is collected through surveys of retailers and service providers and calculated as a weighted average price index.
Historical Context
The luxury consumer goods index is used to assess economic conditions and make policy decisions affecting the consumer sector.
Key Facts
- The base year for the index is 2015.
- The index tracks a basket of high-end consumer goods and services.
- The index is used to measure changes in luxury consumer demand.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Monthly measures changes in retail prices for a basket of luxury consumer goods and services, providing insight into the luxury segment of the consumer market.
Q: Why is this trend relevant for users or analysts?
A: This index is closely watched by economists and policymakers as an indicator of consumer demand and spending patterns in the luxury goods sector, which can signal broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers and service providers and calculated as a weighted average price index.
Q: How is this trend used in economic policy?
A: The luxury consumer goods index is used by policymakers and analysts to assess economic conditions and make decisions affecting the consumer sector.
Q: Are there update delays or limitations?
A: The index is published monthly, but there may be lags in data collection and reporting that can affect the timeliness of the information.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly (LUXCPGRLH02IXOBM), retrieved from FRED.