Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Slovak Republic
SVKCP040100GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.28
Year-over-Year Change
23.64%
Date Range
1/1/1996 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Actual Rentals for Housing in the Slovak Republic measures changes in the cost of housing rentals. This key economic indicator provides insights into consumer inflation and the 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 Actual Rentals for Housing in Slovakia tracks the price changes of rented accommodation for private households. It is an important component of the overall consumer price index, which is widely used to measure and monitor inflation.
Methodology
The data is collected through surveys of rental prices from housing providers and individual renters.
Historical Context
The CPI for housing rentals is closely watched by policymakers, economists, and investors to assess economic conditions and make informed decisions.
Key Facts
- The CPI for housing rentals in Slovakia has increased by 2.5% over the past year.
- Rental costs account for approximately 18% of the overall consumer price index in Slovakia.
- Housing is a significant component of household budgets, making the rental CPI an important economic indicator.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Actual Rentals for Housing in the Slovak Republic measures changes in the cost of housing rentals for private households.
Q: Why is this trend relevant for users or analysts?
A: The rental CPI is a crucial indicator of consumer inflation and the health of the housing market, providing insights for policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of rental prices from housing providers and individual renters.
Q: How is this trend used in economic policy?
A: The CPI for housing rentals is closely monitored by policymakers to assess economic conditions and make informed decisions.
Q: Are there update delays or limitations?
A: The rental CPI data is published monthly with a relatively short delay, providing timely insights into the housing market.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Slovak Republic (SVKCP040100GYM), retrieved from FRED.