Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Water Supply and Miscellaneous Services Relating to the Dwelling for Russia

RUSCP040400GYM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

5.17

Year-over-Year Change

53.09%

Date Range

1/1/2010 - 2/1/2022

Summary

The Consumer Price Index (CPI) for Water Supply and Miscellaneous Services Relating to the Dwelling measures changes in the prices paid by Russian consumers for these household services and utilities.

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 CPI subcomponent tracks the inflation experienced by Russian households for essential water, sewerage, and other dwelling-related services. It is a key indicator for monitoring changes in the cost of living and helps guide economic and social policy decisions.

Methodology

The data is collected through regular surveys of Russian consumers and service providers.

Historical Context

Policymakers and economists use this CPI to assess inflationary pressures and the impacts on household budgets.

Key Facts

  • Water and household services make up about 5% of the Russian CPI basket.
  • Prices for these services have risen 25% over the past 5 years.
  • Monitoring this CPI helps track the impacts of utility rate changes on consumers.

FAQs

Q: What does this economic trend measure?

A: The Consumer Price Index (CPI) for Water Supply and Miscellaneous Services Relating to the Dwelling measures changes in the prices paid by Russian consumers for these essential household services and utilities.

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

A: This CPI subcomponent is a key indicator for monitoring changes in the cost of living and helps guide economic and social policy decisions in Russia.

Q: How is this data collected or calculated?

A: The data is collected through regular surveys of Russian consumers and service providers.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this CPI to assess inflationary pressures and the impacts on household budgets, which informs decisions around utility rates, social programs, and other economic policies.

Q: Are there update delays or limitations?

A: The data is published monthly with a short lag, providing timely information on changes in household utility costs.

Related Trends

Citation

U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Water Supply and Miscellaneous Services Relating to the Dwelling for Russia (RUSCP040400GYM), retrieved from FRED.