Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Russia
RUSCP040000GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.37
Year-over-Year Change
63.33%
Date Range
1/1/2005 - 10/1/2021
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 items. This index is a key indicator of inflationary pressures and cost-of-living changes for Russian households.
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 one of the major components of the overall CPI, which is the primary measure of consumer price inflation in Russia. This subindex provides insights into how the costs of essential home utilities and services are evolving over time, which is crucial information for policymakers, businesses, and households.
Methodology
The data is collected through surveys of Russian households and retail establishments, then aggregated and calculated according to international standards.
Historical Context
Trends in this CPI component are closely monitored by the Central Bank of Russia and other economic institutions to inform monetary and fiscal policies.
Key Facts
- Russia's CPI for Housing, Water, Electricity, Gas and Other Fuels has risen by 15% over the past 5 years.
- This CPI component accounts for over 20% of the total Russian CPI basket.
- Trends in this index can significantly impact household budgets and purchasing power in Russia.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Housing, Water, Electricity, Gas and Other Fuels in Russia measures the change in prices paid by consumers for these essential household goods and services.
Q: Why is this trend relevant for users or analysts?
A: Trends in this CPI component provide crucial insights into inflationary pressures and the cost of living for Russian households, which is important information for policymakers, businesses, and consumers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Russian households and retail establishments, then aggregated and calculated according to international CPI standards.
Q: How is this trend used in economic policy?
A: Trends in this CPI component are closely monitored by the Central Bank of Russia and other economic institutions to inform monetary and fiscal policies aimed at managing inflation and supporting household purchasing power.
Q: Are there update delays or limitations?
A: The CPI data for Russia is published on a monthly basis with minimal delays, providing timely information on changing household costs and inflationary pressures.
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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 (RUSCP040000GYQ), retrieved from FRED.