Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Maintenance and Repair of the Dwelling for Spain
ESPCP040300GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.95
Year-over-Year Change
-0.41%
Date Range
1/1/2003 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Maintenance and Repair of the Dwelling in Spain measures changes in the cost of maintaining and repairing residential properties. This metric is a key indicator of consumer price inflation and household expenditures.
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 Maintenance and Repair of the Dwelling tracks the prices of goods and services related to the upkeep and repairs of private homes in Spain. This index is part of the broader Consumer Price Index and is a valuable input for macroeconomic analysis, household budgeting, and policymaking.
Methodology
The data is collected through surveys of households and businesses by the National Statistics Institute of Spain.
Historical Context
This CPI index is used by economists, policymakers, and market analysts to assess inflationary pressures and consumer spending patterns.
Key Facts
- The base year for this CPI index is 2015.
- Spain's CPI for Maintenance and Repair of the Dwelling has increased by 12.5% since 2015.
- Housing-related costs account for about 6% of the average Spanish household's expenditures.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Maintenance and Repair of the Dwelling in Spain measures changes in the cost of maintaining and repairing residential properties.
Q: Why is this trend relevant for users or analysts?
A: This CPI index is a key indicator of consumer price inflation and household expenditures, providing valuable insights for macroeconomic analysis, household budgeting, and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and businesses by the National Statistics Institute of Spain.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and market analysts use this CPI index to assess inflationary pressures and consumer spending patterns, which informs decision-making and policy development.
Q: Are there update delays or limitations?
A: The CPI for Maintenance and Repair of the Dwelling in Spain is published monthly with a short delay, providing timely data for analysis.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Maintenance and Repair of the Dwelling for Spain (ESPCP040300GYM), retrieved from FRED.