Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Maintenance and Repair of the Dwelling for Slovak Republic
SVKCPHP0403GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.90
Year-over-Year Change
-20.97%
Date Range
1/1/1997 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Maintenance and Repair of the Dwelling in Slovakia measures changes in the prices paid by consumers for services related to maintaining and repairing their homes. This metric is a key indicator of inflationary pressures in the housing sector.
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 Maintenance and Repair of the Dwelling CPI is a subcomponent of the broader Consumer Price Index, which tracks the average change in prices paid by consumers for a basket of goods and services. This specific index focuses on the costs associated with maintaining and repairing residential properties, providing insights into housing-related inflation.
Methodology
The data is collected through regular surveys of consumers and service providers by the Statistical Office of the Slovak Republic.
Historical Context
Policymakers and analysts use this index to assess overall price stability and make informed decisions about monetary and fiscal policies.
Key Facts
- The base year for the Slovak Republic's Maintenance and Repair of the Dwelling CPI is 2015.
- Housing-related costs account for approximately 3.9% of the total Slovak CPI basket.
- The Maintenance and Repair of the Dwelling CPI has shown relatively stable growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Maintenance and Repair of the Dwelling CPI measures changes in the prices paid by consumers for services related to maintaining and repairing their homes in Slovakia.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into housing-related inflationary pressures, which is crucial for policymakers and economists in assessing overall price stability and making informed decisions.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of consumers and service providers by the Statistical Office of the Slovak Republic.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess overall price stability and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The Maintenance and Repair of the Dwelling CPI is published monthly with minimal update delays, providing timely data for economic analysis.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Maintenance and Repair of the Dwelling for Slovak Republic (SVKCPHP0403GYM), retrieved from FRED.