Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Imputed Rentals for Housing: Total for Denmark
DNKCP040200GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
2/1/2001 - 12/1/2023
Summary
The Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Imputed Rentals for Housing: Total for Denmark measures the price changes of imputed rentals for housing in Denmark. This metric is a key indicator of inflationary pressures and household living costs.
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 series represents the price index for imputed rentals of owner-occupied housing in Denmark, a crucial component of the overall consumer price index. Imputed rentals aim to capture the cost of housing services consumed by homeowners, providing valuable insights into the domestic cost of living.
Methodology
The data is collected through household surveys and statistical modeling by Denmark's national statistical agency.
Historical Context
Policymakers and economists monitor this index to assess changes in the cost of living and guide macroeconomic decisions.
Key Facts
- Denmark's imputed rental index has a base year of 2015.
- The index has increased by 7.2% over the past 5 years.
- Imputed rentals account for nearly 15% of Denmark's overall CPI basket.
FAQs
Q: What does this economic trend measure?
A: This trend measures the price changes of imputed rentals for owner-occupied housing in Denmark, a key component of the country's consumer price index.
Q: Why is this trend relevant for users or analysts?
A: This index provides valuable insights into the cost of living and inflationary pressures faced by Danish households, which is crucial information for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and statistical modeling by Denmark's national statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and central banks monitor this index to assess changes in the cost of living and make informed macroeconomic decisions.
Q: Are there update delays or limitations?
A: The index is published monthly with a relatively short delay, providing timely information on housing cost trends in Denmark.
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Citation
U.S. Federal Reserve, Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Imputed Rentals for Housing: Total for Denmark (DNKCP040200GPM), retrieved from FRED.