Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Russia
RUSCP050000IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
136.88
Year-over-Year Change
9.42%
Date Range
1/1/2004 - 2/1/2022
Summary
The Consumer Price Index (CPI) for Furnishings, Household Equipment and Routine Household Maintenance tracks changes in the prices paid by Russian consumers for these household items and services.
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 is part of the broader Consumer Price Indices (CPIs) and Harmonised Indices of Consumer Prices (HICPs) data, which measure the average change in prices paid by consumers in Russia. The Furnishings, Household Equipment and Routine Household Maintenance CPI is a key indicator for understanding domestic consumer demand and inflationary pressures.
Methodology
The data is collected through surveys of Russian households and businesses by the Federal State Statistics Service.
Historical Context
Policymakers and analysts use this CPI to assess the cost of living and guide economic and monetary policies.
Key Facts
- The base year for this CPI is 2016.
- Household furnishings and equipment make up about 5% of the Russian consumer price index basket.
- This CPI is published monthly by the Federal State Statistics Service.
FAQs
Q: What does this economic trend measure?
A: This CPI measures the average change in prices paid by Russian consumers for furnishings, household equipment, and routine household maintenance services.
Q: Why is this trend relevant for users or analysts?
A: This CPI is an important indicator of domestic consumer demand and inflationary pressures in Russia, which is relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Russian households and businesses by the Federal State Statistics Service.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this CPI to assess the cost of living and guide economic and monetary policies in Russia.
Q: Are there update delays or limitations?
A: This CPI is published monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Russia (RUSCP050000IXOBM), retrieved from FRED.