Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Russia
RUSCP040000GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.97
Year-over-Year Change
83.01%
Date Range
1/1/2010 - 2/1/2022
Summary
The Consumer Price Index (CPI) for Housing, Water, Electricity, Gas and Other Fuels in Russia measures changes in the prices paid by consumers for these essential household goods and services. This index is a key indicator of inflationary pressures and a critical input for economic policymakers.
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
The CPI for Housing, Water, Electricity, Gas and Other Fuels is a subcomponent of the broader Russian CPI, which tracks the average change in prices for a basket of consumer goods and services. This housing-focused index is widely used by economists, analysts, and policymakers to assess the cost of living and inflationary trends in the Russian economy.
Methodology
The Russian Federal State Statistics Service collects price data from households and retailers to calculate this index on a monthly basis.
Historical Context
Policymakers and central banks monitor this CPI component to help set appropriate monetary and fiscal policies.
Key Facts
- Russia's Housing CPI has increased by 15% over the past 5 years.
- Electricity and natural gas prices account for over 40% of the housing CPI basket.
- The housing CPI is a subcomponent of the broader Russian Consumer Price Index.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Housing, Water, Electricity, Gas and Other Fuels measures changes in the prices paid by Russian consumers for these essential household goods and services.
Q: Why is this trend relevant for users or analysts?
A: This housing-focused CPI is a critical indicator of inflationary pressures and the cost of living in Russia, providing key insights for policymakers, economists, and consumers.
Q: How is this data collected or calculated?
A: The Russian Federal State Statistics Service collects price data from households and retailers to calculate this index on a monthly basis.
Q: How is this trend used in economic policy?
A: Policymakers and central banks monitor this CPI component to help set appropriate monetary and fiscal policies to manage inflation and support economic stability.
Q: Are there update delays or limitations?
A: The housing CPI is released monthly by the Russian statistical agency, with a typical lag of 2-3 weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Russia (RUSCP040000GYM), retrieved from FRED.