Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing for Slovak Republic
SVKCPGRHO01GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.17
Year-over-Year Change
-91.47%
Date Range
1/1/1998 - 1/1/2025
Summary
The Consumer Price Index (CPI) for Housing in Slovakia measures changes in the prices paid by consumers for housing-related goods and services. This metric is a key indicator of inflation and cost of living trends for policymakers and economists.
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 in Slovakia is a component of the broader Consumer Price Index, which tracks changes in the prices of a representative basket of consumer goods and services. The Housing CPI specifically focuses on costs related to shelter, utilities, furnishings, and household operations.
Methodology
The data is collected through surveys of consumer expenditures and retail prices.
Historical Context
The Housing CPI is used to assess inflationary pressures and inform monetary policy decisions.
Key Facts
- The base year for the Slovak Housing CPI is 2015.
- Housing accounts for about 23% of the total Slovak consumer price index basket.
- Utilities and fuels are the largest component of the Housing CPI in Slovakia.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Housing in Slovakia measures changes in the prices paid by consumers for housing-related goods and services, including shelter, utilities, furnishings, and household operations.
Q: Why is this trend relevant for users or analysts?
A: The Housing CPI is a key indicator of inflationary pressures and cost of living trends, which are important for policymakers, economists, and households in assessing economic conditions and making informed decisions.
Q: How is this data collected or calculated?
A: The data for the Slovak Housing CPI is collected through surveys of consumer expenditures and retail prices.
Q: How is this trend used in economic policy?
A: The Housing CPI is used by the Slovak central bank and other policymakers to assess inflationary pressures and inform monetary policy decisions, such as interest rate adjustments.
Q: Are there update delays or limitations?
A: The Housing CPI for Slovakia is published on a quarterly basis, with a slight delay from the end of the reference period.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing for Slovak Republic (SVKCPGRHO01GYQ), retrieved from FRED.