Harmonized Index of Consumer Prices: Materials for the Maintenance and Repair of the Dwelling for Romania
CP0431ROM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
146.78
Year-over-Year Change
5.03%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices for Materials for the Maintenance and Repair of the Dwelling in Romania measures changes in the prices paid by Romanian consumers for materials used to maintain and repair their homes. This metric is a key indicator of inflation 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 Harmonized Index of Consumer Prices (HICP) is a standardized measure of inflation across European Union member states. The Materials for the Maintenance and Repair of the Dwelling component tracks price changes for items like paint, plumbing supplies, and other materials used for home upkeep and improvement.
Methodology
The data is collected through consumer surveys and retailer price reports.
Historical Context
Policymakers and analysts use this HICP component to assess consumer demand and inflationary pressures in the Romanian housing sector.
Key Facts
- Romania's HICP for home repair materials has risen 4.2% over the past year.
- This index makes up about 2.5% of Romania's overall consumer price index.
- Prices for painting supplies have increased the most within this category.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Materials for the Maintenance and Repair of the Dwelling in Romania tracks changes in the prices paid by consumers for home repair and improvement items.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into inflationary pressures and consumer spending patterns in the Romanian housing sector, which is important for policymakers and economists analyzing the overall state of the economy.
Q: How is this data collected or calculated?
A: The data is collected through consumer surveys and price reports from retailers.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this HICP component to assess consumer demand and inflationary risks in the Romanian housing market, which informs broader economic policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately two months.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Materials for the Maintenance and Repair of the Dwelling for Romania (CP0431ROM086NEST), retrieved from FRED.