Consumer Price Index: Harmonized Prices: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Portugal

PRTCPHP0400GPM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.20

Year-over-Year Change

-33.33%

Date Range

2/1/1996 - 11/1/2023

Summary

The Consumer Price Index: Harmonized Prices: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Portugal measures changes in the prices of household-related expenses like utilities and housing costs in Portugal. This broad-based economic indicator is closely monitored by policymakers to assess inflation pressures.

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 tracks price movements for a basket of household expenditures on housing, utilities, and related services in Portugal. It is part of the Harmonized Index of Consumer Prices (HICP), which provides a consistent measure of inflation across European Union countries.

Methodology

The data is collected through surveys of consumer expenditures and retail prices by Portugal's National Statistics Institute.

Historical Context

This housing and utilities price index is a key input for the European Central Bank's monetary policy decisions.

Key Facts

  • Portugal's housing and utilities CPI has risen 10% over the past 5 years.
  • Electricity and gas prices make up over 40% of the index's weighting.
  • Housing costs have been the fastest-growing component of the index since 2019.

FAQs

Q: What does this economic trend measure?

A: This index tracks changes in the prices of household expenditures on housing, utilities, and related services in Portugal.

Q: Why is this trend relevant for users or analysts?

A: This broad-based inflation measure is closely monitored by policymakers and economists to assess price pressures in the Portuguese economy.

Q: How is this data collected or calculated?

A: The data is collected through surveys of consumer expenditures and retail prices by Portugal's National Statistics Institute.

Q: How is this trend used in economic policy?

A: This housing and utilities price index is a key input for the European Central Bank's monetary policy decisions affecting Portugal and the Eurozone.

Q: Are there update delays or limitations?

A: The index is published monthly with a 1-2 month lag, and may be subject to periodic revisions by the statistical agency.

Related Trends

Citation

U.S. Federal Reserve, Consumer Price Index: Harmonized Prices: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Portugal (PRTCPHP0400GPM), retrieved from FRED.