Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Russia
RUSCP040000IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
138.33
Year-over-Year Change
6.97%
Date Range
1/1/2004 - 2/1/2022
Summary
The Consumer Price Index (CPI) for Housing, Water, Electricity, Gas and Other Fuels in Russia measures changes in the prices of these essential household expenses. It is a key economic indicator used to track inflation and assess the cost of living.
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 component of the broader Consumer Price Index, which is the primary measure of inflation in Russia. This sub-index provides detailed insights into price trends for a basket of common household utility and shelter costs.
Methodology
The data is collected through surveys of Russian households and businesses by the Federal State Statistics Service.
Historical Context
Policymakers and analysts use this CPI component to understand inflationary pressures and the impact on household budgets.
Key Facts
- The Housing, Water, Electricity, Gas and Other Fuels CPI has a weight of 20.4% in the overall Russian CPI basket.
- This CPI component increased by 8.7% year-over-year as of the most recent data.
- Housing and utilities are one of the largest household expenditure categories in Russia.
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 of these essential household costs in Russia.
Q: Why is this trend relevant for users or analysts?
A: This CPI component provides important insights into inflationary pressures and the cost of living for Russian households, which is crucial information for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Russian households and businesses by the Federal State Statistics Service.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this CPI component to understand inflationary trends and the impact on household budgets, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The CPI data is published monthly with a short lag, providing timely information on price changes.
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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 (RUSCP040000IXOBM), retrieved from FRED.