Harmonized Index of Consumer Prices: Services for the Maintenance and Repair of the Dwelling for Romania
CP0432ROM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
185.43
Year-over-Year Change
12.79%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Services for the Maintenance and Repair of the Dwelling in Romania measures price changes for services related to home maintenance and repair. This metric is a key indicator of inflation and consumer spending patterns in the Romanian 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 Services for the Maintenance and Repair of the Dwelling index tracks the prices paid by Romanian consumers for services like plumbing, electrical work, and other home repair and upkeep. This data provides insights into inflationary pressures and consumer behavior in the residential services market.
Methodology
The data is collected through a nationwide survey of prices charged by service providers.
Historical Context
Policymakers and analysts use this HICP trend to assess inflationary conditions and consumer demand in Romania's housing services sector.
Key Facts
- The base year for this HICP index is 2015.
- Romania joined the Eurozone in 2007.
- Housing services account for over 4% of the Romanian consumer price index.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Services for the Maintenance and Repair of the Dwelling in Romania tracks price changes for home repair and maintenance services.
Q: Why is this trend relevant for users or analysts?
A: This HICP trend provides insights into inflationary pressures and consumer spending patterns in Romania's housing services sector, which is important for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of prices charged by service providers in Romania.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this HICP trend to assess inflationary conditions and consumer demand in Romania's housing services market.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a typical 2-3 week release lag.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Services for the Maintenance and Repair of the Dwelling for Romania (CP0432ROM086NEST), retrieved from FRED.