Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Maintenance and Repair of the Dwelling for Luxembourg
Index 2015=100
LUXCPHP0403IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
136.26
Year-over-Year Change
0.89%
Date Range
1/1/1996 - 3/1/2025
Summary
The Index 2015=100 measures changes in consumer prices in Luxembourg over time, a key economic indicator for inflation and cost-of-living analysis.
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 consumer price index (CPI) tracks the average change in prices paid by consumers in Luxembourg for a basket of goods and services. It is a widely used metric for assessing the country's inflationary trends and purchasing power.
Methodology
The data is collected through household surveys and vendor price reporting, then calculated using a Laspeyres index formula.
Historical Context
Policymakers and economists monitor this CPI to inform decisions on monetary policy, wage negotiations, and other market interventions.
Key Facts
- Base year is 2015.
- Covers over 300 goods and services.
- Published monthly by Luxembourg's statistical agency.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100 measures changes in consumer prices in Luxembourg, tracking the average cost of a basket of household goods and services.
Q: Why is this trend relevant for users or analysts?
A: This consumer price index is a critical indicator of inflation and purchasing power in Luxembourg, informing economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and vendor price reporting, then calculated using a Laspeyres index formula.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this CPI to inform decisions on monetary policy, wage negotiations, and other market interventions.
Q: Are there update delays or limitations?
A: The data is published monthly with no significant delays, providing timely insights into Luxembourg's inflationary environment.
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Citation
U.S. Federal Reserve, Index 2015=100 (LUXCPHP0403IXOBM), retrieved from FRED.