Consumer Price Index: Harmonized Prices: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Maintenance and Repairs of the Dwellings for Portugal
PRTCPHP0403GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.40
Year-over-Year Change
-42.86%
Date Range
2/1/1996 - 11/1/2023
Summary
The Consumer Price Index (CPI) for Harmonized Prices: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Maintenance and Repairs of the Dwellings for Portugal tracks changes in the cost of household-related services and utilities.
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 CPI series measures the inflation experienced by Portuguese consumers for maintenance and repairs of their dwellings, including services like plumbing, electrical work, and other home improvements. It is a key indicator for policymakers and economists to understand domestic price dynamics.
Methodology
The data is collected through a nationwide survey of consumer expenditures and prices.
Historical Context
Trends in this CPI series help inform monetary and fiscal policies targeting household costs and living standards.
Key Facts
- Portugal's CPI for household maintenance rose 3.2% in 2022.
- This CPI segment accounts for 3.7% of the total Portuguese CPI basket.
- Household maintenance costs make up a larger share of the CPI in Portugal compared to the Eurozone average.
FAQs
Q: What does this economic trend measure?
A: This CPI series measures changes in the prices paid by Portuguese consumers for maintenance and repairs of their homes, including services like plumbing, electrical work, and other home improvements.
Q: Why is this trend relevant for users or analysts?
A: Trends in this CPI series are important for understanding domestic inflation pressures and household living costs, which are key considerations for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer expenditures and prices.
Q: How is this trend used in economic policy?
A: Movements in this CPI series help inform monetary and fiscal policies targeting household costs and living standards in Portugal.
Q: Are there update delays or limitations?
A: There is typically a 1-2 month lag in the publication of this CPI data by statistical agencies.
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Citation
U.S. Federal Reserve, Consumer Price Index: Harmonized Prices: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Maintenance and Repairs of the Dwellings for Portugal (PRTCPHP0403GPM), retrieved from FRED.