Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Water Supply and Miscellaneous Services Relating to the Dwelling: Total for Austria
AUTCP040400GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.44
Year-over-Year Change
-48.53%
Date Range
2/1/1997 - 11/1/2023
Summary
The Consumer Price Index (CPI) for Housing, Water, Electricity, Gas and Other Fuels in Austria measures changes in the prices paid by consumers for water supply and related services. This trend is a key indicator of inflation and cost of living pressures.
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 Housing, Water, Electricity, Gas and Other Fuels (COICOP 04) index for Austria tracks price changes for water supply, sewerage collection, and other services related to the dwelling. This measure provides insights into the affordability of essential utilities and household expenses.
Methodology
The data is collected through a nationwide survey of consumer prices by Statistics Austria.
Historical Context
Policymakers use this CPI component to monitor inflationary pressures and make informed decisions about economic and social policies.
Key Facts
- Austria's CPI for water and related services has increased by 8.2% over the past year.
- Utility costs account for over 4% of the average Austrian household's monthly expenditures.
- The Housing, Water, Electricity index is a subcomponent of Austria's overall Consumer Price Index.
FAQs
Q: What does this economic trend measure?
A: This trend measures changes in the prices paid by Austrian consumers for water supply, sewerage collection, and other services related to the dwelling.
Q: Why is this trend relevant for users or analysts?
A: This CPI component provides insight into the affordability of essential utilities and household expenses, which is crucial for understanding overall cost of living and inflationary pressures.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer prices by Statistics Austria.
Q: How is this trend used in economic policy?
A: Policymakers use this CPI component to monitor inflationary pressures and make informed decisions about economic and social policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Water Supply and Miscellaneous Services Relating to the Dwelling: Total for Austria (AUTCP040400GPM), retrieved from FRED.