Harmonized Index of Consumer Prices: Actual Rentals for Housing for Estonia
CP0410EEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
164.42
Year-over-Year Change
6.10%
Date Range
12/1/1997 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Actual Rentals for Housing in Estonia measures changes in the prices of housing rentals. It is a key indicator of inflation and consumer spending trends in the Estonian economy.
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 HICP is a standardized measure of consumer price inflation across European Union countries. The Actual Rentals for Housing component specifically tracks changes in the prices paid by households to rent their homes, providing insight into housing affordability and the cost of living.
Methodology
The data is collected through surveys of rental prices paid by Estonian households.
Historical Context
Policymakers and economists use this HICP component to assess inflationary pressures and make informed decisions about monetary and fiscal policies.
Key Facts
- The HICP is harmonized across EU countries to allow for cross-country comparisons.
- Rental costs make up a significant portion of the average Estonian household's budget.
- Trends in the Actual Rentals for Housing HICP can signal changes in housing affordability.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Actual Rentals for Housing in Estonia measures changes in the prices that households pay to rent their homes.
Q: Why is this trend relevant for users or analysts?
A: This HICP component provides important insight into housing affordability and the cost of living in Estonia, which are key factors for policymakers, consumers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of rental prices paid by Estonian households.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this HICP component to assess inflationary pressures and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a typical lag of around one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Actual Rentals for Housing for Estonia (CP0410EEM086NEST), retrieved from FRED.