Consumer Price Index: OECD Groups: Housing: Total for Germany
DEUCPGRHO01GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.05
Year-over-Year Change
-49.27%
Date Range
2/1/1960 - 11/1/2023
Summary
The Consumer Price Index: OECD Groups: Housing: Total for Germany tracks changes in housing costs for German consumers. This metric is crucial for economists and policymakers to monitor inflation and cost-of-living 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
The Consumer Price Index: OECD Groups: Housing: Total for Germany measures the changes in prices of a comprehensive basket of housing-related goods and services, including rent, utilities, and other shelter costs. This index is a key indicator of inflationary pressures and consumer purchasing power within the German economy.
Methodology
The data is collected through detailed consumer surveys and compiled by the German Federal Statistical Office.
Historical Context
Policymakers and central banks use this housing cost index to inform monetary and fiscal policies aimed at promoting economic stability.
Key Facts
- The index uses 2015 as the base year.
- Housing accounts for over 20% of the German CPI basket.
- The index has shown steady increases in recent years.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index: OECD Groups: Housing: Total for Germany measures changes in housing-related prices and costs faced by German consumers.
Q: Why is this trend relevant for users or analysts?
A: This housing cost index is a crucial indicator of inflationary pressures and consumer purchasing power in the German economy, informing policymaking and market analysis.
Q: How is this data collected or calculated?
A: The data is collected through detailed consumer surveys by the German Federal Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers and central banks use this housing cost index to inform monetary and fiscal policies aimed at promoting economic stability.
Q: Are there update delays or limitations?
A: The index is published monthly with minimal delays, providing timely insights into German housing cost trends.
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Citation
U.S. Federal Reserve, Consumer Price Index: OECD Groups: Housing: Total for Germany (DEUCPGRHO01GPM), retrieved from FRED.