Harmonized Index of Consumer Prices: Maintenance and Repair of the Dwelling for Estonia
CP0430EEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
160.39
Year-over-Year Change
0.77%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Maintenance and Repair of the Dwelling in Estonia measures changes in the prices of goods and services related to home maintenance and repair. This data point is important for economists and policymakers to understand inflationary pressures and consumer spending patterns.
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 key measure of inflation in the European Union, tracking changes in the prices of a basket of consumer goods and services. The Maintenance and Repair of the Dwelling component specifically monitors price movements for items like home repairs, painting, and maintenance services.
Methodology
The data is collected through surveys of consumers and businesses by national statistical agencies.
Historical Context
Trends in this HICP component can inform policy decisions and provide insights into the broader housing market.
Key Facts
- The HICP is harmonized across the EU to allow for cross-country comparisons.
- Maintenance and repair costs make up about 3% of the total HICP basket in Estonia.
- Prices for this component have risen by an average of 2.5% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Maintenance and Repair of the Dwelling in Estonia tracks changes in the prices of goods and services related to home maintenance and repair.
Q: Why is this trend relevant for users or analysts?
A: Trends in this HICP component can provide insights into inflationary pressures and consumer spending patterns in the housing market, which is relevant for economic policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumers and businesses by Estonia's national statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and central banks can use this HICP data to monitor inflationary trends 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 lag of around 2 months, and may be subject to revisions.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Maintenance and Repair of the Dwelling for Estonia (CP0430EEM086NEST), retrieved from FRED.