Consumer Price Index: Harmonized Prices: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Actual Rentals for Housing for Czech Republic
CZECPHP0401GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.20
Year-over-Year Change
-66.67%
Date Range
1/1/2000 - 11/1/2023
Summary
The Consumer Price Index: Harmonized Prices: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Actual Rentals for Housing for the Czech Republic measures changes in housing-related prices for Czech consumers. This metric is critical for understanding inflation and cost-of-living trends in the Czech economy.
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 prices paid by Czech consumers for actual rental housing, including electricity, gas, and other utilities. It is a key component of the overall consumer price index and helps economists and policymakers assess the affordability of housing and the impact of energy costs on household budgets.
Methodology
The data is collected through a national survey of households and businesses by the Czech Statistical Office.
Historical Context
Housing and utility costs are major factors in consumer inflation, so this index is widely used to inform monetary and fiscal policy decisions.
Key Facts
- The index has a base year of 2015.
- Housing accounts for around 20% of the overall Czech CPI basket.
- Actual rental costs make up the largest portion of the housing index.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the prices paid by Czech consumers for actual rental housing, including electricity, gas, and other utilities.
Q: Why is this trend relevant for users or analysts?
A: Housing and utility costs are major drivers of consumer inflation, so this index is critical for understanding the affordability of living in the Czech Republic and informing economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through a national survey of households and businesses by the Czech Statistical Office.
Q: How is this trend used in economic policy?
A: This index is widely used by the Czech government, central bank, and other institutions to monitor inflation and make decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The index is published monthly with a lag of approximately two weeks.
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Citation
U.S. Federal Reserve, Consumer Price Index: Harmonized Prices: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Actual Rentals for Housing for Czech Republic (CZECPHP0401GPM), retrieved from FRED.