Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Germany
DEUCP040000IXNBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114.50
Year-over-Year Change
1.24%
Date Range
1/1/1991 - 11/1/2023
Summary
The Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04) measures the changes in prices for housing-related goods and services in Germany. This metric is critical for understanding inflation and cost-of-living dynamics.
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, Water, Electricity, Gas and Other Fuels (COICOP 04) is a subcomponent of the overall Consumer Price Index, tracking price changes for a basket of housing-related goods and services in Germany. It provides valuable insights into inflationary pressures and consumption patterns within the housing sector.
Methodology
This index is calculated monthly by the German Federal Statistical Office based on a survey of consumer expenditures.
Historical Context
Policymakers and economists closely monitor this housing-focused CPI to assess overall inflationary trends and the impact on household budgets.
Key Facts
- The housing CPI accounts for around 32% of the total German CPI basket.
- Prices for this category rose by 8.9% year-over-year as of the most recent data.
- Housing costs are a key driver of overall inflation in Germany.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04) measures changes in prices for a basket of housing-related goods and services in Germany.
Q: Why is this trend relevant for users or analysts?
A: This housing-focused CPI provides critical insights into inflationary pressures and cost-of-living dynamics, which are key considerations for policymakers, consumers, and economists.
Q: How is this data collected or calculated?
A: The index is calculated monthly by the German Federal Statistical Office based on a survey of consumer expenditures.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this housing CPI to assess overall inflationary trends and the impact on household budgets, informing monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The housing CPI data is published monthly with a short lag, providing timely information on price changes in this important economic sector.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Residuals for Germany
DEUCPSDCTGYCTGYM
Consumer Price Index for Germany
DDOE01DEA086NWDB
Consumer Price Index: Education (COICOP 10): Total for Germany
DEUCP100000GPM
Infra-Annual Labor Statistics: Unemployment Male: From 25 to 54 Years for Germany
LFUN25MADEQ647S
Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: From 15 to 24 Years for Germany
LRHU24FEDEM156S
Financial Market: Share Prices for Germany
SPASTT01DEQ661N
Citation
U.S. Federal Reserve, Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Germany (DEUCP040000IXNBM), retrieved from FRED.