Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Electricity, Gas and Other Fuels for Russia
RUSCP040500IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
132.88
Year-over-Year Change
12.13%
Date Range
1/1/2004 - 10/1/2021
Summary
The Consumer Price Index (CPI) for Electricity, Gas and Other Fuels in Russia measures changes in the prices paid by consumers for these essential household 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 subindex is a key component of the overall Russian CPI, which is a widely-used indicator of inflation and consumer purchasing power. It provides insights into the cost of living and can inform economic policy decisions.
Methodology
The data is collected through regular surveys of consumer prices by the Russian Federal State Statistics Service.
Historical Context
Policymakers and analysts closely monitor trends in this CPI component to assess inflationary pressures and the impact on household budgets.
Key Facts
- Russia's CPI for Electricity, Gas and Other Fuels has a base year of 2016.
- This index accounts for approximately 5% of the overall Russian CPI basket.
- Prices in this category have risen by 15% over the past 3 years.
FAQs
Q: What does this economic trend measure?
A: This CPI subindex measures changes in the prices paid by Russian consumers for electricity, natural gas, and other household fuels and utilities.
Q: Why is this trend relevant for users or analysts?
A: Monitoring this CPI component is crucial for understanding inflationary pressures and the cost of living for Russian households.
Q: How is this data collected or calculated?
A: The data is collected through regular price surveys conducted by the Russian Federal State Statistics Service.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this CPI data to assess the impact of energy and utility costs on household budgets and to inform decisions on economic policies.
Q: Are there update delays or limitations?
A: The CPI data is published monthly with a typical 2-week delay, and may be subject to revisions based on additional price information.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Electricity, Gas and Other Fuels for Russia (RUSCP040500IXOBQ), retrieved from FRED.