Consumer Price Index: Housing for Czech Republic
CZECPIHOUMINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114.26
Year-over-Year Change
3.64%
Date Range
1/1/1994 - 5/1/2018
Summary
The Consumer Price Index: Housing for the Czech Republic measures changes in the cost of housing for consumers. This metric is crucial for understanding inflation and the overall cost of living in the country.
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: Housing tracks the prices of various housing-related expenses, including rent, utilities, and household maintenance. It is a key component of the broader Consumer Price Index, which is the primary measure of inflation in the Czech economy.
Methodology
The data is collected through regular surveys of consumer expenditures and prices.
Historical Context
Policymakers and economists use this index to inform decisions about monetary policy and assess the financial well-being of Czech households.
Key Facts
- The base year for the index is 2015.
- Housing accounts for around 20% of the overall Consumer Price Index in the Czech Republic.
- The index has shown steady increases in housing costs in recent years.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index: Housing measures changes in the cost of housing-related expenses for consumers in the Czech Republic.
Q: Why is this trend relevant for users or analysts?
A: This index is crucial for understanding the overall cost of living and inflationary pressures in the Czech economy, particularly for household budgets.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of consumer expenditures and prices.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this index to inform decisions about monetary policy and assess the financial well-being of Czech households.
Q: Are there update delays or limitations?
A: The index is published on a monthly basis, with some potential for minor delays in data reporting.
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Citation
U.S. Federal Reserve, Consumer Price Index: Housing for Czech Republic (CZECPIHOUSINMEI), retrieved from FRED.