Harmonized Index of Consumer Prices: Water Supply and Miscellaneous Services Relating to the Dwelling for Denmark
CP0440DKM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
132.40
Year-over-Year Change
5.41%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices for Water Supply and Miscellaneous Services Relating to the Dwelling measures changes in the prices paid by Danish consumers for these essential household services.
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 cost of water supply, refuse collection, sewerage collection, and other services related to the maintenance of a dwelling in Denmark. It is a key indicator of inflation and living costs for Danish households.
Methodology
The data is collected through a nationwide survey of consumer prices.
Historical Context
Policymakers and economists use this index to assess changes in the cost of living and make informed decisions.
Key Facts
- The index has a base year of 2015 = 100.
- Water supply and miscellaneous services account for approximately 3.7% of the Danish consumer price index basket.
- The index is published monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the prices paid by Danish consumers for water supply, refuse collection, sewerage collection, and other services related to the maintenance of a dwelling.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflation and living costs for Danish households, providing important insights for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer prices.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this index to assess changes in the cost of living and make informed decisions.
Q: Are there update delays or limitations?
A: The index is published monthly by Eurostat with no known update delays or limitations.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Water Supply and Miscellaneous Services Relating to the Dwelling for Denmark (CP0440DKM086NEST), retrieved from FRED.