Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Australia
AUSCP040000GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.95
Year-over-Year Change
-70.87%
Date Range
7/1/1973 - 1/1/2025
Summary
The Consumer Price Index (CPI) for Housing, Water, Electricity, Gas and Other Fuels in Australia measures changes in the cost of these essential household expenses over time. This metric is a key indicator of inflation and cost-of-living pressures in the country.
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 Housing, Water, Electricity, Gas and Other Fuels CPI represents the prices paid by Australian consumers for these basic necessities. It is a vital component of the overall CPI, which is used by policymakers, economists, and the public to assess the country's economic health and make informed decisions.
Methodology
The Australian Bureau of Statistics collects and calculates this CPI data through regular consumer surveys and market price monitoring.
Historical Context
Central banks and governments often use this Housing CPI, along with other economic indicators, to guide monetary and fiscal policies aimed at maintaining price stability and supporting household budgets.
Key Facts
- Australia's Housing CPI accounts for nearly a quarter of the overall CPI basket.
- Housing costs have risen faster than general inflation in Australia over the past decade.
- The Housing CPI is a key input for the Reserve Bank of Australia's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Housing, Water, Electricity, Gas and Other Fuels in Australia measures changes in the prices paid by consumers for these essential household expenses.
Q: Why is this trend relevant for users or analysts?
A: This Housing CPI is a vital indicator of inflation and cost-of-living pressures, helping policymakers, economists, and the public assess the country's economic health and make informed decisions.
Q: How is this data collected or calculated?
A: The Australian Bureau of Statistics collects and calculates this CPI data through regular consumer surveys and market price monitoring.
Q: How is this trend used in economic policy?
A: Central banks and governments often use this Housing CPI, along with other economic indicators, to guide monetary and fiscal policies aimed at maintaining price stability and supporting household budgets.
Q: Are there update delays or limitations?
A: The Housing CPI data is published regularly by the Australian Bureau of Statistics, with a typical release schedule and any known limitations.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Australia (AUSCP040000GYQ), retrieved from FRED.