Harmonized Index of Consumer Prices: Services Related to Housing for Hungary
SERVHOHUM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
160.67
Year-over-Year Change
6.25%
Date Range
12/1/2000 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Services Related to Housing in Hungary measures changes in the prices of services related to housing, providing insight into inflationary pressures in the Hungarian 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 HICP Services Related to Housing for Hungary is a key economic indicator that tracks the prices of services like maintenance, repair, and other costs associated with housing. It is a subcomponent of the broader HICP, which is used by policymakers to assess and manage overall price stability in the Eurozone.
Methodology
This index is calculated by the Hungarian Central Statistical Office based on a survey of consumer prices.
Historical Context
The HICP Services Related to Housing is closely monitored by the European Central Bank and other institutions to inform monetary policy decisions.
Key Facts
- Hungary is a member of the Eurozone and the European Union.
- The HICP is a key economic indicator used by the European Central Bank.
- Services related to housing account for a significant portion of household spending.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Services Related to Housing in Hungary measures changes in the prices of services related to housing, such as maintenance, repair, and other costs.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into inflationary pressures in the Hungarian housing market, which is an important component of the overall cost of living and a key focus for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is calculated by the Hungarian Central Statistical Office based on a survey of consumer prices.
Q: How is this trend used in economic policy?
A: The HICP Services Related to Housing is closely monitored by the European Central Bank and other institutions to inform monetary policy decisions aimed at maintaining price stability in the Eurozone.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Services Related to Housing for Hungary (SERVHOHUM086NEST), retrieved from FRED.