Harmonized Index of Consumer Prices: Services Related to Housing for Estonia
SERVHOEEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
158.41
Year-over-Year Change
6.22%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Services Related to Housing for Estonia measures the prices of housing-related services in Estonia. This trend is important for policymakers and economists to understand inflationary pressures and household living costs.
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 Harmonized Index of Consumer Prices (HICP) is a measure of consumer inflation compiled by Eurostat for European Union member states. The Services Related to Housing component tracks the prices of services like rent, maintenance, and utilities, providing insight into a key category of household expenditures.
Methodology
The data is collected through surveys of households and businesses by Estonia's national statistical agency.
Historical Context
Policymakers use this HICP component to monitor housing-related inflation and adjust policies accordingly.
Key Facts
- Estonia joined the Eurozone in 2011.
- Housing costs make up about 23% of the Estonian consumer price index.
- Prices for housing services rose 3.2% in Estonia in 2022.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Services Related to Housing for Estonia measures the prices of housing-related services, such as rent, maintenance, and utilities, in Estonia.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into a key component of household spending and inflationary pressures in the Estonian economy, which is important for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and businesses by Estonia's national statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers use this HICP component to monitor housing-related inflation and adjust policies accordingly.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Services Related to Housing for Estonia (SERVHOEEM086NEST), retrieved from FRED.