Harmonized Index of Consumer Prices: Materials for the Maintenance and Repair of the Dwelling for Czech Republic
CP0431CZM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
141.80
Year-over-Year Change
1.07%
Date Range
12/1/1999 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Materials for the Maintenance and Repair of the Dwelling measures the price changes of materials used for household maintenance and repairs in the Czech Republic. This metric is a key indicator of inflation and consumer spending in the construction and home services sectors.
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 index used across the European Union to track and compare consumer price changes. The Materials for the Maintenance and Repair of the Dwelling component specifically focuses on the prices of supplies, tools, and services required to maintain and repair residential properties.
Methodology
The data is collected through surveying a representative sample of retailers and service providers throughout the Czech Republic.
Historical Context
Policymakers and economists use this HICP measure to assess inflationary pressures and consumer demand in the Czech housing market.
Key Facts
- The HICP is harmonized across EU member states for comparability.
- Home maintenance and repair costs are a significant household expense.
- The Czech Republic is a major economy in Central Europe.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Materials for the Maintenance and Repair of the Dwelling measures the price changes of supplies, tools, and services required for household maintenance and repairs in the Czech Republic.
Q: Why is this trend relevant for users or analysts?
A: This HICP metric is an important indicator of inflation and consumer spending in the Czech housing and construction sectors, which are key drivers of the country's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveying a representative sample of retailers and service providers throughout the Czech Republic.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this HICP measure to assess inflationary pressures and consumer demand in the Czech housing market, which informs monetary and fiscal policies.
Q: Are there update delays or limitations?
A: As an EU-harmonized index, the HICP data may have some delay in reporting compared to non-standardized national price measures.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Materials for the Maintenance and Repair of the Dwelling for Czech Republic (CP0431CZM086NEST), retrieved from FRED.