Consumer Price Index: OECD Groups: Housing: Housing Excluding Imputed Rentals for Housing for Russia
RUSCPGRHO02GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.60
Year-over-Year Change
-26.83%
Date Range
1/1/2012 - 2/1/2022
Summary
The Consumer Price Index (CPI) for Housing Excluding Imputed Rentals for Housing in Russia measures changes in the prices paid by consumers for housing-related goods and services, excluding the cost of owner-occupied housing. This metric is a key indicator of inflationary pressures in the Russian housing market.
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 Housing Excluding Imputed Rentals for Housing in Russia is a component of the overall Consumer Price Index, providing insight into price changes for a basket of housing-related items excluding the imputed rental value of owner-occupied dwellings. This data is used by policymakers and economists to assess the rate of inflation and inform monetary policy decisions.
Methodology
The data is collected through a survey of households and businesses by the Russian Federal State Statistics Service.
Historical Context
Trends in the CPI for Housing Excluding Imputed Rentals for Housing are closely monitored by the Central Bank of Russia and other economic analysts to gauge inflationary pressures and the overall cost of living in the country.
Key Facts
- The base year for this CPI series is 2015.
- Housing accounts for over 20% of the total Russian CPI basket.
- Prices for housing-related goods and services have risen faster than overall inflation in Russia in recent years.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index for Housing Excluding Imputed Rentals for Housing in Russia measures changes in the prices paid by consumers for a basket of housing-related goods and services, excluding the cost of owner-occupied housing.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into inflationary pressures and the cost of living in the Russian housing market, which is a key component of the overall economy.
Q: How is this data collected or calculated?
A: The data is collected through a survey 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 Housing Excluding Imputed Rentals for Housing are closely monitored by the Central Bank of Russia and other economic analysts to inform monetary policy decisions and assess the overall rate of inflation.
Q: Are there update delays or limitations?
A: There may be lags in data reporting or updates, as the information is collected through a household survey process.
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Citation
U.S. Federal Reserve, Consumer Price Index: OECD Groups: Housing: Housing Excluding Imputed Rentals for Housing for Russia (RUSCPGRHO02GPM), retrieved from FRED.