Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Water Supply and Miscellaneous Services Relating to the Dwelling for Russia
RUSCP040400GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.55
Year-over-Year Change
-11.18%
Date Range
1/1/2005 - 10/1/2021
Summary
The Consumer Price Index (CPI) for Water Supply and Miscellaneous Services Relating to the Dwelling measures changes in the cost of these essential household services in Russia. This metric provides insight into inflationary pressures and consumer purchasing power.
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 Water Supply and Miscellaneous Services Relating to the Dwelling is a component of the broader Consumer Price Index, which tracks the average change in prices paid by consumers for a basket of goods and services. This specific index focuses on the costs associated with water, sewage, and other dwelling-related services, a key indicator of household expenses.
Methodology
The data is collected by the Russian Federal State Statistics Service through surveys of consumer expenditures.
Historical Context
Policymakers and economists analyze this CPI component to understand broader inflationary trends and the impact on consumer budgets.
Key Facts
- The CPI for Water Supply and Miscellaneous Services Relating to the Dwelling is a key component of the broader Consumer Price Index in Russia.
- This metric helps track changes in the cost of essential household services like water and sewage.
- Monitoring this CPI component provides insights into inflationary pressures faced by Russian 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 cost of these essential household services in Russia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into inflationary pressures and consumer purchasing power, which are key considerations for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected by the Russian Federal State Statistics Service through surveys of consumer expenditures.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this CPI component to understand broader inflationary trends and the impact on consumer budgets.
Q: Are there update delays or limitations?
A: The data is subject to the timely release and potential revisions by the Russian Federal State Statistics Service.
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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 (RUSCP040400GYQ), retrieved from FRED.