Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Russia

RUSCP040100IXOBM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

120.37

Year-over-Year Change

9.19%

Date Range

1/1/2004 - 2/1/2022

Summary

The Consumer Price Index (CPI) for Actual Rentals for Housing in Russia tracks changes in the prices paid by consumers for rental housing. This metric is a key indicator of housing affordability and inflationary 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

The Actual Rentals for Housing CPI measures the cost of renting residential property in Russia. It is a component of the broader Consumer Price Index, which is used to assess the overall rate of inflation in the Russian economy.

Methodology

The data is collected through surveys of landlords and tenants by the Russian Federal State Statistics Service.

Historical Context

This housing cost data informs economic policy decisions and is closely watched by investors and analysts.

Key Facts

  • Russia's Actual Rentals for Housing CPI has risen by 8.2% over the past year.
  • Housing costs account for over 20% of the total Russian Consumer Price Index.
  • The CPI for Actual Rentals is a key input for the Bank of Russia's monetary policy decisions.

FAQs

Q: What does this economic trend measure?

A: The Actual Rentals for Housing CPI tracks changes in the prices paid by Russian consumers for renting residential property.

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

A: This metric provides insight into housing affordability and inflationary pressures in the Russian economy, informing economic policy and investment decisions.

Q: How is this data collected or calculated?

A: The data is collected through surveys of landlords and tenants by the Russian Federal State Statistics Service.

Q: How is this trend used in economic policy?

A: The Actual Rentals for Housing CPI is a key input for the Bank of Russia's monetary policy decisions, as housing costs are a significant component of the overall Consumer Price Index.

Q: Are there update delays or limitations?

A: The data is published monthly with a typical lag of 2-3 weeks.

Related Trends

Citation

U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Russia (RUSCP040100IXOBM), retrieved from FRED.