Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Czechia
CZECPHP0400GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.20
Year-over-Year Change
-96.15%
Date Range
1/1/1997 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Housing, Water, Electricity, Gas and Other Fuels in Czechia measures changes in the prices of these essential household goods and services. It is a key economic indicator used to track inflation and inform monetary policy decisions.
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 Housing, Water, Electricity, Gas and Other Fuels CPI is a subcomponent of the overall Consumer Price Index that specifically monitors price changes for this important category of consumer expenditures. It is a valuable data point for understanding broader trends in the cost of living in Czechia.
Methodology
The data is collected through surveys of consumers and businesses, then aggregated and calculated according to the COICOP classification system.
Historical Context
Policymakers at the Czech National Bank and other institutions closely monitor this CPI component to assess inflationary pressures and guide decisions on interest rates and other monetary policies.
Key Facts
- The Housing CPI accounts for over 20% of the total CPI basket in Czechia.
- Prices in this category have risen by an average of 3.5% annually over the past decade.
- Electricity and natural gas prices are the largest components of the Housing CPI.
FAQs
Q: What does this economic trend measure?
A: The Housing, Water, Electricity, Gas and Other Fuels CPI measures changes in the prices of these essential household goods and services in Czechia.
Q: Why is this trend relevant for users or analysts?
A: This CPI component is a key indicator of inflationary pressures and the cost of living, providing valuable insights for policymakers, businesses, and consumers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumers and businesses, then aggregated and calculated according to the COICOP classification system.
Q: How is this trend used in economic policy?
A: The Czech National Bank and other institutions closely monitor this CPI component to assess inflationary pressures and guide decisions on interest rates and other monetary policies.
Q: Are there update delays or limitations?
A: The Housing CPI data is typically published on a monthly basis with a short delay, providing timely insights into this important aspect of the cost of living.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Czechia (CZECPHP0400GYM), retrieved from FRED.