Consumer Price Index: Rent, Repairs, and Maintenance for Portugal
Annual
CPSEHO05PTA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
112.39
Year-over-Year Change
27.38%
Date Range
1/1/1991 - 1/1/2017
Summary
The Annual trend measures the percent change in the cost of owner's equivalent rent of primary residence, a key component of the Consumer Price Index (CPI). This metric is vital for understanding 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 Annual trend tracks the year-over-year percent change in the Bureau of Labor Statistics' owner's equivalent rent of primary residence index, which represents a major portion of household shelter costs. This data provides important insights into inflationary pressures and consumer behavior.
Methodology
The data is collected through surveys of households and businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers at the Federal Reserve and other institutions closely monitor this metric to gauge overall price stability and guide monetary policy decisions.
Key Facts
- Owner's equivalent rent accounts for over 30% of the CPI.
- The Annual metric has averaged 3.1% over the past decade.
- Shelter costs are a major driver of overall inflation in the U.S.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the year-over-year percent change in the cost of owner's equivalent rent, a key component of the Consumer Price Index (CPI).
Q: Why is this trend relevant for users or analysts?
A: This metric provides vital insights into inflationary pressures and consumer spending patterns, which are crucial for economic policymaking and market analysis.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers at the Federal Reserve and other institutions closely monitor this metric to gauge overall price stability and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The Annual data is published monthly with a typical 1-2 month lag.
Related Trends
International Trade: Imports: Value (Goods): Total for Portugal
XTIMVA01PTQ188S
Use of Financial Services, Liabilities: Outstanding Deposits by Households at Commercial Banks for Portugal
PRTFCLODCHXDC
Production: Manufacturing: Total Manufacturing for Portugal
PRMNTO01PTA657S
Harmonized Index of Consumer Prices: Accommodation Services for Portugal
CP1120PTM086NEST
Producer Prices Index: Type of Goods: Durable Consumer Goods: Domestic for Portugal
PITGCD02PTA661N
Infra-Annual Labor Statistics: Inactivity Rate Total: From 15 to 74 Years for Portugal
LRIN74TTPTQ156N
Citation
U.S. Federal Reserve, Annual (CPSEHO05PTA661N), retrieved from FRED.