Harmonized Index of Consumer Prices: Maintenance and Repair of the Dwelling for Spain
CP0430ESM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.37
Year-over-Year Change
2.89%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Maintenance and Repair of the Dwelling in Spain measures the change in prices for home maintenance and repair services. This metric is a key indicator of inflation and cost-of-living trends for Spanish households.
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 for Maintenance and Repair of the Dwelling in Spain tracks the prices paid by consumers for a basket of home maintenance and repair services, including labor and materials. This index is an important component of the overall HICP, which is used by policymakers to monitor and manage inflation.
Methodology
The data is collected through a nationwide survey of consumers and businesses.
Historical Context
The HICP helps the European Central Bank evaluate and set monetary policy to maintain price stability across the Eurozone.
Key Facts
- The HICP for Maintenance and Repair of the Dwelling accounts for around 3% of the total HICP basket in Spain.
- Prices for home maintenance and repair services have risen by an average of 2.5% annually over the past decade in Spain.
- Spain's HICP for Maintenance and Repair of the Dwelling is closely watched by the European Central Bank.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Maintenance and Repair of the Dwelling in Spain measures the change in prices for home maintenance and repair services, including labor and materials.
Q: Why is this trend relevant for users or analysts?
A: This index is an important component of the overall HICP, which is a key indicator of inflation and cost-of-living trends for Spanish households. It helps policymakers evaluate and set monetary policy.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumers and businesses.
Q: How is this trend used in economic policy?
A: The HICP helps the European Central Bank evaluate and set monetary policy to maintain price stability across the Eurozone.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a lag of around 2-3 weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Maintenance and Repair of the Dwelling for Spain (CP0430ESM086NEST), retrieved from FRED.