Production: Manufacturing: Consumer Goods: Durable Goods for Brazil
Annual, Seasonally Adjusted
PRMNCG02BRA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.32
Year-over-Year Change
-3.83%
Date Range
1/1/1991 - 1/1/2018
Summary
This economic trend measures annual, seasonally adjusted gross rent as a percentage of median household income in Brazil. It provides insights into housing affordability and cost of living trends.
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 Annual, Seasonally Adjusted gross rent as a percentage of median household income metric tracks the relationship between housing costs and overall household earnings in Brazil. This ratio is a key indicator of housing affordability and can inform policies and investments aimed at improving access to quality, affordable housing.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on official government statistics from Brazil.
Historical Context
Policymakers and market analysts use this trend to assess the state of Brazil's housing market and cost of living pressures.
Key Facts
- Housing costs account for over 30% of median household income in Brazil.
- Rent-to-income ratio has risen steadily over the past decade.
- Affordable housing is a major policy priority in Brazil.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted gross rent as a percentage of median household income in Brazil.
Q: Why is this trend relevant for users or analysts?
A: This ratio is a key indicator of housing affordability and cost of living pressures, which is crucial information for policymakers, investors, and households.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on official government statistics from Brazil.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to assess the state of Brazil's housing market and inform policies and investments aimed at improving access to quality, affordable housing.
Q: Are there update delays or limitations?
A: The data is subject to the same update schedule and potential limitations as the underlying government statistics from Brazil.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (PRMNCG02BRA661S), retrieved from FRED.