Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Czechia
CZECPHP0500IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
133.00
Year-over-Year Change
1.29%
Date Range
1/1/1996 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Furnishings, Household Equipment and Routine Household Maintenance tracks changes in the prices paid by Czech consumers for these products and services. This measure is a key indicator of consumer inflation and household purchasing power.
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 CPI for Furnishings, Household Equipment and Routine Household Maintenance is one of the many sub-indices that make up the overall Consumer Price Index for Czechia. It reflects the price trends of a wide range of household goods and services, providing insights into consumer spending patterns and inflationary pressures.
Methodology
The data is collected through surveys of retail prices and compiled by the Czech Statistical Office.
Historical Context
Policymakers and analysts use this CPI sub-index to assess domestic inflationary conditions and consumer behavior.
Key Facts
- The base year for this CPI sub-index is 2015.
- Furnishings and household equipment account for over 5% of the total Czech consumer basket.
- Czechia's CPI for Furnishings and Household Maintenance has risen by 8.4% since 2020.
FAQs
Q: What does this economic trend measure?
A: This CPI sub-index measures the changes in prices paid by Czech consumers for furnishings, household equipment, and routine household maintenance services.
Q: Why is this trend relevant for users or analysts?
A: This CPI component provides insights into inflationary pressures and consumer spending patterns within a critical segment of the Czech economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail prices and compiled by the Czech Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this CPI sub-index to assess domestic inflationary conditions and consumer behavior, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The CPI data is published monthly by the Czech Statistical Office with a typical lag of 2-3 weeks.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Czechia (CZECPHP0500IXOBM), retrieved from FRED.