Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Maintenance and Repairs of the Dwellings: Total for Russia
RUSCP040300GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.77
Year-over-Year Change
-39.84%
Date Range
1/1/2010 - 2/1/2022
Summary
The Consumer Price Index for Housing, Water, Electricity, Gas, and Other Fuels in Russia measures the cost of maintaining and repairing dwellings. This metric is important for tracking inflation and consumer spending in the residential housing sector.
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 index reflects the prices paid by Russian consumers for maintenance and repairs of their homes, including costs for materials, labor, and related services. It is a key component of the overall consumer price index and provides insight into household budgets and the broader cost of living.
Methodology
The data is collected through regular surveys of Russian households and businesses that provide residential maintenance and repair services.
Historical Context
This metric is used by policymakers, economists, and market analysts to assess domestic economic conditions and the state of the Russian housing market.
Key Facts
- The index is published monthly by the Central Bank of Russia.
- Maintenance and repairs account for over 4% of the total consumer price index in Russia.
- Prices in this category have risen by an average of 7% annually over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This index measures the prices paid by Russian consumers for the maintenance and repair of their homes, including costs for materials, labor, and related services.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into household budgets and the broader cost of living in Russia, which is crucial for policymakers, economists, and market analysts assessing domestic economic conditions and the state of the housing market.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of Russian households and businesses that provide residential maintenance and repair services.
Q: How is this trend used in economic policy?
A: This index is used by the Central Bank of Russia and other policymakers to monitor inflation and consumer spending in the housing sector, which can inform monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The index is published monthly with no significant update delays, providing timely data on residential maintenance and repair costs in Russia.
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Citation
U.S. Federal Reserve, Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Maintenance and Repairs of the Dwellings: Total for Russia (RUSCP040300GPM), retrieved from FRED.