Consumer Price Index: OECD Groups: Housing: Total for Austria
AUTCPGRHO01GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.17
Year-over-Year Change
92.37%
Date Range
2/1/1966 - 12/1/2020
Summary
The Consumer Price Index (CPI): OECD Groups: Housing: Total for Austria measures changes in the prices of housing-related goods and services in Austria.
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
This economic indicator tracks inflation in the housing sector, a key component of the overall CPI. It provides important insights into the cost of living and can inform policymakers' decisions on monetary policy and social programs.
Methodology
The data is collected through household surveys and aggregated by the OECD.
Historical Context
The housing CPI is closely monitored by Austria's central bank and government for assessing economic conditions and the impact of policy.
Key Facts
- The housing CPI is a subcomponent of the overall Austrian CPI.
- Housing accounts for around 30% of the total Austrian consumer basket.
- Austria's housing costs have risen faster than the overall inflation rate in recent years.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI): OECD Groups: Housing: Total for Austria measures changes in the prices of housing-related goods and services in Austria.
Q: Why is this trend relevant for users or analysts?
A: The housing CPI provides important insights into the cost of living in Austria and can inform policymakers' decisions on monetary policy and social programs.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and aggregated by the OECD.
Q: How is this trend used in economic policy?
A: Austria's central bank and government closely monitor the housing CPI for assessing economic conditions and the impact of policy.
Q: Are there update delays or limitations?
A: The housing CPI data is published regularly by the OECD, but there may be some delays in data availability.
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Citation
U.S. Federal Reserve, Consumer Price Index: OECD Groups: Housing: Total for Austria (AUTCPGRHO01GPM), retrieved from FRED.