Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Imputed Rentals for Housing for Canada
CANCP040200GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.79
Year-over-Year Change
-44.12%
Date Range
1/1/1950 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Imputed Rentals for Housing in Canada measures the estimated cost of housing services for owner-occupied dwellings. This metric is crucial for understanding overall consumer price trends and inflation dynamics.
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 Imputed Rentals for Housing CPI represents the estimated cost that homeowners would pay to rent their own homes. This data point is essential for providing a comprehensive view of consumer prices, as housing costs are a major component of household budgets.
Methodology
The data is collected through household surveys and statistical modeling by Statistics Canada.
Historical Context
Policymakers and economists closely monitor trends in imputed housing costs to gauge inflationary pressures and make informed decisions.
Key Facts
- Imputed rental costs account for about 17% of the total CPI basket in Canada.
- The Imputed Rentals for Housing CPI has risen by an average of 2.3% annually over the past decade.
- Monitoring this metric helps policymakers assess the broader inflationary environment.
FAQs
Q: What does this economic trend measure?
A: The Imputed Rentals for Housing CPI measures the estimated cost of housing services for owner-occupied dwellings in Canada.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding overall consumer price trends and inflation dynamics, as housing costs are a major component of household budgets.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and statistical modeling by Statistics Canada.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor trends in imputed housing costs to gauge inflationary pressures and make informed decisions.
Q: Are there update delays or limitations?
A: The Imputed Rentals for Housing CPI is published monthly by Statistics Canada with minimal delays.
Related Trends
Infra-Annual Labor Statistics: Inactivity Rate Female: From 15 to 64 Years for Canada
LRIN64FECAA156N
Credit to Private Non-Financial Sector by Domestic Banks, Unadjusted for Breaks, for Canada
CRDQCABPUBIS
Consumer Price Index: Food for Canada
CANCPIFODMINMEI
Bank Lending Deposit Spread for Canada
DDEI02CAA156NWDB
Bank's Cost to Income Ratio for Canada
DDEI07CAA156NWDB
Infra-Annual Labor Statistics: Employment: Economic Activity: Agriculture, Forestry and Fishing: Total for Canada
LFEAAGTTCAA647N
Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Imputed Rentals for Housing for Canada (CANCP040200GYM), retrieved from FRED.