Harmonized Index of Consumer Prices: Services for the Maintenance and Repair of the Dwelling for Denmark
CP0432DKM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
126.70
Year-over-Year Change
1.85%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices: Services for the Maintenance and Repair of the Dwelling for Denmark measures the price changes of services related to maintaining and repairing residential dwellings. This is a key economic indicator for monitoring inflation and consumer spending in Denmark's 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
This index tracks the prices paid by Danish consumers for services such as plumbing, electrical work, and other home maintenance activities. It is an important component of the broader consumer price index and provides insight into housing-related inflationary pressures.
Methodology
The data is collected through surveys of Danish households and businesses providing maintenance and repair services.
Historical Context
Policymakers use this index to assess cost-of-living trends and guide monetary policy decisions.
Key Facts
- Tracks price changes for home maintenance and repair services in Denmark.
- An important component of the broader consumer price index.
- Provides insight into housing-related inflationary pressures.
FAQs
Q: What does this economic trend measure?
A: This index measures the price changes of services related to maintaining and repairing residential dwellings in Denmark.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into housing-related inflationary pressures and cost-of-living trends in Denmark, which is crucial for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Danish households and businesses providing maintenance and repair services.
Q: How is this trend used in economic policy?
A: Policymakers use this index to assess cost-of-living trends and guide monetary policy decisions in Denmark.
Q: Are there update delays or limitations?
A: The index is published regularly, but there may be some delays in data availability or limitations in geographic or service coverage.
Related Trends
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Denmark
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Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 74 Years for Denmark
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Services for the Maintenance and Repair of the Dwelling for Denmark (CP0432DKM086NEST), retrieved from FRED.