Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Maintenance and Repair of the Dwelling for Russia
RUSCP040300GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.38
Year-over-Year Change
186.36%
Date Range
1/1/2010 - 2/1/2022
Summary
The Consumer Price Index (CPI) for Maintenance and Repair of the Dwelling in Russia measures changes in the prices of goods and services related to maintaining and repairing residential properties. This metric is a key indicator of inflationary pressures and consumer spending in the 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
The CPI for Maintenance and Repair of the Dwelling tracks the prices of materials, labor, and other costs associated with maintaining and repairing private homes and apartments in Russia. It is a subcomponent of the broader Consumer Price Index and provides important insights into housing-related inflationary trends.
Methodology
The data is collected through regular surveys of households and businesses by the Russian Federal State Statistics Service.
Historical Context
Policymakers and analysts use this CPI component to assess the impact of housing maintenance costs on overall consumer price inflation and household budgets.
Key Facts
- The CPI for Maintenance and Repair of the Dwelling in Russia has a base year of 2018.
- This index accounts for approximately 2.5% of the overall Russian CPI basket.
- Prices in this category have risen by an average of 4.2% annually over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The CPI for Maintenance and Repair of the Dwelling in Russia tracks the prices of goods and services related to maintaining and repairing private residential properties.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into housing-related inflationary pressures and the impact of maintenance costs on consumer budgets in Russia.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of households and businesses by the Russian Federal State Statistics Service.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this CPI component to assess the impact of housing maintenance costs on overall consumer price inflation and household budgets.
Q: Are there update delays or limitations?
A: The CPI for Maintenance and Repair of the Dwelling in Russia is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Maintenance and Repair of the Dwelling for Russia (RUSCP040300GYM), retrieved from FRED.