Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Imputed Rentals for Housing: Total for Slovak Republic
SVKCP040200GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.17
Year-over-Year Change
-64.85%
Date Range
2/1/1997 - 11/1/2023
Summary
The Consumer Price Index (CPI) for Housing, Water, Electricity, Gas and Other Fuels in the Slovak Republic measures the changes in prices for imputed rentals for housing. This trend is a key indicator of inflationary pressures and consumer purchasing power.
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, Water, Electricity, Gas and Other Fuels (COICOP 04) in the Slovak Republic specifically tracks changes in the imputed rentals for housing. This reflects the estimated rental value of owner-occupied dwellings and is an important component of overall consumer inflation.
Methodology
The data is collected through a nationwide survey of consumer prices.
Historical Context
This CPI component is used by policymakers and analysts to assess the cost of living and inflationary trends.
Key Facts
- Housing and utilities account for over 20% of the typical Slovak consumer's expenditures.
- Imputed rent makes up approximately 75% of the total CPI for housing in the Slovak Republic.
- This CPI component has shown relatively stable growth of 2-3% annually in recent years.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Housing, Water, Electricity, Gas and Other Fuels (COICOP 04) in the Slovak Republic measures changes in the prices for imputed rentals for owner-occupied housing.
Q: Why is this trend relevant for users or analysts?
A: This CPI component is a key indicator of inflationary pressures and consumer purchasing power, particularly for the housing and utilities portion of household budgets.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer prices conducted by the statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this CPI component to assess the cost of living and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The CPI data is typically released on a monthly basis with a short lag, providing timely information on housing-related inflationary trends.
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Citation
U.S. Federal Reserve, Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Imputed Rentals for Housing: Total for Slovak Republic (SVKCP040200GPM), retrieved from FRED.