Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Maintenance and Repair of the Dwelling for Turkiye
TURCPHP0403GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
30.90
Year-over-Year Change
-43.51%
Date Range
1/1/1997 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Maintenance and Repair of the Dwelling in Turkiye measures changes in the prices paid by consumers for 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 overall Consumer Price Index for Turkiye. It reflects the costs associated with routine upkeep and repairs to residential properties, providing insights into a significant portion of household expenditures.
Methodology
The data is collected through surveys of consumer prices across Turkiye and calculated using a weighted average formula.
Historical Context
Policymakers and analysts use this CPI component to assess housing-related inflationary trends and their impact on the broader Turkish economy.
Key Facts
- The Maintenance and Repair of the Dwelling CPI is a subcomponent of the overall Turkish CPI.
- This metric reflects the costs associated with routine upkeep and repairs to residential properties.
- Policymakers use the CPI data to assess housing-related inflationary trends in Turkiye.
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 maintaining and repairing their homes in Turkiye.
Q: Why is this trend relevant for users or analysts?
A: This CPI component provides insights into a significant portion of household expenditures and is used by policymakers to assess housing-related inflationary pressures in the Turkish economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices across Turkiye and calculated using a weighted average formula.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the Maintenance and Repair of the Dwelling CPI to assess housing-related inflationary trends and their impact on the broader Turkish economy.
Q: Are there update delays or limitations?
A: The data is subject to the same update schedule and potential limitations as the overall Turkish Consumer Price Index.
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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 Turkiye (TURCPHP0403GYM), retrieved from FRED.