Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing for Denmark
DNKCPGRHO01IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
117.87
Year-over-Year Change
7.69%
Date Range
1/1/1981 - 1/1/2025
Summary
The Consumer Price Index (CPI) for Housing in Denmark measures changes in the prices of goods and services related to housing, including rent, utilities, and household operations. This key economic indicator is used to track inflation and inform policy decisions.
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 CPI for Housing in Denmark is part of the broader CPI, which measures the average change in prices paid by consumers for a basket of goods and services. The Housing component specifically reflects the cost of shelter, utilities, furniture, and other household-related expenditures, providing insight into a major portion of consumer spending.
Methodology
The data is collected through surveys of consumer prices and spending patterns.
Historical Context
Policymakers and analysts use the CPI for Housing to assess inflationary pressures and cost-of-living changes, which informs monetary and fiscal policies.
Key Facts
- The CPI for Housing accounts for approximately 23% of the total CPI in Denmark.
- Housing costs have risen by an average of 2.5% annually in Denmark over the past decade.
- Shelter (rent) makes up the largest component of the Housing CPI, at around 60% of the total.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Housing in Denmark measures changes in the prices of goods and services related to housing, including rent, utilities, and household operations.
Q: Why is this trend relevant for users or analysts?
A: The CPI for Housing is a key indicator of inflationary pressures and cost-of-living changes, which is crucial information for policymakers, consumers, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices and spending patterns.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the CPI for Housing to assess inflationary pressures and cost-of-living changes, which informs monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The CPI for Housing data is published monthly with a relatively short delay, making it a timely indicator of economic conditions.
Related Trends
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Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for Denmark
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Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Electricity, Gas, Steam, and Air Conditioning Supply for Denmark
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Denmark
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Value of Exports to Denmark from Wisconsin
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing for Denmark (DNKCPGRHO01IXOBQ), retrieved from FRED.