Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Maintenance and Repair of the Dwelling for Russia
RUSCP040300IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
152.41
Year-over-Year Change
20.38%
Date Range
1/1/2004 - 2/1/2022
Summary
The Consumer Price Index (CPI) for Maintenance and Repair of the Dwelling in Russia measures changes in the prices paid by consumers for maintaining and repairing their homes. This metric is a key indicator of inflationary pressures 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 cost of services and materials needed to maintain and repair residential properties in Russia. This index is part of the broader CPI, which is a widely used measure of inflation and a crucial data point for economic policymakers.
Methodology
The data is collected through surveys of households and businesses by the Russian Federal State Statistics Service.
Historical Context
Trends in the CPI for Maintenance and Repair of the Dwelling provide insights into housing-related inflationary dynamics that can inform monetary and fiscal policy decisions.
Key Facts
- The base year for this CPI index is 2016.
- Housing maintenance and repair account for approximately 3.5% of the overall CPI basket in Russia.
- The CPI for Maintenance and Repair of the Dwelling has risen by 8.2% over the past 12 months.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Maintenance and Repair of the Dwelling in Russia measures changes in the prices paid by consumers for maintaining and repairing their homes.
Q: Why is this trend relevant for users or analysts?
A: Trends in the CPI for Maintenance and Repair of the Dwelling provide insights into housing-related inflationary dynamics that can inform monetary and fiscal policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and businesses by the Russian Federal State Statistics Service.
Q: How is this trend used in economic policy?
A: Trends in the CPI for Maintenance and Repair of the Dwelling can inform monetary and fiscal policy decisions by providing insights into housing-related inflationary pressures.
Q: Are there update delays or limitations?
A: The CPI for Maintenance and Repair of the Dwelling is published monthly, with a typical release lag of 2-3 weeks.
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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 (RUSCP040300IXOBM), retrieved from FRED.