Harmonized Index of Consumer Prices: Maintenance and Repair of the Dwelling for Romania
CP0430ROM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
163.58
Year-over-Year Change
8.69%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Maintenance and Repair of the Dwelling measures price changes for services and materials related to maintaining and repairing residential properties in Romania. This index is a key indicator of inflationary trends in the housing sector.
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 Maintenance and Repair of the Dwelling component tracks the cost of labor, materials, and other expenses associated with upkeep and minor repairs for homes and apartments. This data helps economists and policymakers assess housing-related inflationary pressures.
Methodology
The HICP is calculated based on a representative basket of consumer goods and services, with prices collected from a sample of retailers and service providers.
Historical Context
Policymakers use HICP data to inform decisions on monetary policy and inflation targeting.
Key Facts
- Romania's HICP for Maintenance and Repair of the Dwelling has risen by 6.2% over the past year.
- This index accounts for approximately 2.5% of the total HICP basket in Romania.
- Maintenance and repair costs are a significant part of overall household expenditures in Romania.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Maintenance and Repair of the Dwelling measures price changes for services and materials related to maintaining and repairing residential properties in Romania.
Q: Why is this trend relevant for users or analysts?
A: This index helps economists and policymakers assess housing-related inflationary pressures in the Romanian economy, which is crucial for informing monetary policy decisions.
Q: How is this data collected or calculated?
A: The HICP is calculated based on a representative basket of consumer goods and services, with prices collected from a sample of retailers and service providers.
Q: How is this trend used in economic policy?
A: Policymakers use HICP data, including the Maintenance and Repair of the Dwelling component, to inform decisions on monetary policy and inflation targeting.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a typical lag of 2-3 weeks, providing timely insight into inflationary trends.
Related Trends
Value of Exports to Romania from South Dakota
SDROUA052SCEN
Harmonized Index of Consumer Prices: Other Medical Products, Therapeutic Appliances and Equipment for Romania
CP0612ROM086NEST
Net Issues of International Debt Securities for All Issuers, All Maturities, Nationality of Issuer in Romania
IDSGAMNINIRO
Value of Exports to Romania from Massachusetts
MAROUA052SCEN
Harmonized Index of Consumer Prices: Package Holidays for Romania
CP0960ROM086NEST
Value of Exports to Romania from Michigan
MIROUA052SCEN
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Maintenance and Repair of the Dwelling for Romania (CP0430ROM086NEST), retrieved from FRED.