Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Maintenance and Repairs of the Dwellings: Total for Costa Rica
CRICP040300GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.09
Year-over-Year Change
-46.65%
Date Range
8/1/2006 - 12/1/2021
Summary
This economic indicator tracks changes in the prices of housing maintenance and repair services in Costa Rica, a key component of consumer spending and overall inflation.
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 Consumer Price Index (CPI) Housing, Water, Electricity, Gas and Other Fuels (COICOP 04) Maintenance and Repairs of the Dwellings: Total for Costa Rica measures the price changes of services related to the upkeep and improvement of private residential properties in the country.
Methodology
This index is calculated by the Costa Rican National Institute of Statistics and Censuses using a survey of consumer expenditures.
Historical Context
Policymakers and economists analyze this data to assess inflationary pressures and consumer spending patterns.
Key Facts
- Covers 3.5% of the total CPI basket in Costa Rica.
- Increased by 9.2% year-over-year as of the latest data.
- Part of the broader COICOP 04 index, which makes up 15.9% of the total CPI.
FAQs
Q: What does this economic trend measure?
A: This index tracks changes in the prices of housing maintenance and repair services in Costa Rica, including labor and materials costs.
Q: Why is this trend relevant for users or analysts?
A: Housing maintenance costs are an important component of consumer spending and overall inflation, providing insights into inflationary pressures facing households.
Q: How is this data collected or calculated?
A: The Costa Rican national statistics agency calculates this index based on a survey of consumer expenditures on housing upkeep and improvement.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this data to assess broader inflationary trends and consumer spending patterns in the Costa Rican economy.
Q: Are there update delays or limitations?
A: This index is published monthly with a typical 1-2 month delay, and may be subject to revisions by the statistics agency.
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Citation
U.S. Federal Reserve, Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Maintenance and Repairs of the Dwellings: Total for Costa Rica (CRICP040300GPM), retrieved from FRED.