Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Actual Rentals for Housing: Total for Germany
DEUCP040100GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.09
Year-over-Year Change
-1.98%
Date Range
2/1/1995 - 11/1/2023
Summary
The Consumer Price Index for Housing, Water, Electricity, Gas and Other Fuels measures the prices of these essential household expenses in Germany. This metric is a key indicator of cost-of-living and inflation trends.
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 Consumer Price Index (CPI) series tracks the prices paid by German consumers for actual rentals, including utilities and other housing-related costs. It is a crucial component of the overall CPI and helps economists and policymakers understand inflationary pressures.
Methodology
The German Federal Statistical Office collects this data through household surveys and market price observations.
Historical Context
Housing and utility costs are a significant portion of household budgets, so this CPI series is closely monitored by the European Central Bank and other economic institutions.
Key Facts
- Housing and utilities make up about 32% of the German CPI basket.
- Actual rental costs have risen by 20% in Germany over the past decade.
- This CPI component increased by 2.5% year-over-year as of the latest data.
FAQs
Q: What does this economic trend measure?
A: This series measures the prices paid by German consumers for actual rentals, utilities, and other housing-related costs as part of the overall Consumer Price Index.
Q: Why is this trend relevant for users or analysts?
A: Housing and utility expenses are a major component of household budgets, so tracking changes in these costs is crucial for understanding inflation and the cost of living in Germany.
Q: How is this data collected or calculated?
A: The German Federal Statistical Office collects this data through household surveys and market price observations.
Q: How is this trend used in economic policy?
A: The European Central Bank and other institutions closely monitor this CPI component to assess inflationary pressures and make informed monetary policy decisions.
Q: Are there update delays or limitations?
A: This data is published monthly with a relatively short lag, providing timely insight into housing-related inflation in Germany.
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Citation
U.S. Federal Reserve, Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Actual Rentals for Housing: Total for Germany (DEUCP040100GPM), retrieved from FRED.