Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Maintenance and Repair of the Dwelling for Czechia
CZECP040300GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.39
Year-over-Year Change
-26.37%
Date Range
1/1/1996 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Maintenance and Repair of the Dwelling in Czechia measures changes in the prices of services and products related to home upkeep and improvement. This indicator is a key gauge of consumer inflation in the 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 Maintenance and Repair of the Dwelling CPI tracks the costs of materials, labor, and services required to maintain and repair residential properties in Czechia. It is a subcomponent of the broader Consumer Price Index and provides insights into inflationary pressures in the housing market.
Methodology
The Czech Statistical Office collects price data from a representative sample of businesses and service providers to calculate this index.
Historical Context
Policymakers and economists monitor the Maintenance and Repair CPI to assess domestic price trends and guide monetary and fiscal policies.
Key Facts
- The Maintenance and Repair CPI is a component of the overall Consumer Price Index for Czechia.
- Home repair and upkeep costs account for a significant portion of household budgets in Czechia.
- This index is used to track changes in the affordability of maintaining residential properties.
FAQs
Q: What does this economic trend measure?
A: The Maintenance and Repair of the Dwelling CPI measures changes in the prices of goods and services related to the upkeep and improvement of residential properties in Czechia.
Q: Why is this trend relevant for users or analysts?
A: This index provides valuable insights into inflationary pressures in the housing sector, which is a key component of the overall cost of living for Czech consumers.
Q: How is this data collected or calculated?
A: The Czech Statistical Office collects price data from a representative sample of businesses and service providers to calculate this index.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor the Maintenance and Repair CPI to assess domestic price trends and guide monetary and fiscal policies aimed at managing inflation.
Q: Are there update delays or limitations?
A: The Maintenance and Repair CPI is published monthly, with some potential for delays in data reporting or revisions.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Maintenance and Repair of the Dwelling for Czechia (CZECP040300GYM), retrieved from FRED.