Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Maintenance and Repair of the Dwelling for Spain
ESPCP040300GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.76
Year-over-Year Change
-27.23%
Date Range
1/1/2003 - 1/1/2025
Summary
The Consumer Price Index (CPI) for Maintenance and Repair of the Dwelling measures the price changes in maintenance and repair services for residential buildings in Spain. This metric is a key indicator of inflation and consumer spending in the housing sector.
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 is a component of the broader Consumer Price Index, which tracks the average change in prices paid by consumers for a basket of goods and services. This specific index focuses on the costs associated with maintaining and repairing residential properties, providing insight into housing-related inflation.
Methodology
The data is collected through surveys of consumers and businesses, then aggregated and calculated by Spain's National Statistics Institute.
Historical Context
Policymakers and economists use this index to assess inflationary pressures and consumer behavior in the housing market.
Key Facts
- The index is based on 1999 as the base year.
- Maintenance and repair costs account for approximately 3% of the overall CPI basket in Spain.
- The index is published monthly by the National Statistics Institute of Spain.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Maintenance and Repair of the Dwelling measures the price changes in maintenance and repair services for residential buildings in Spain.
Q: Why is this trend relevant for users or analysts?
A: This index provides insight into housing-related inflation and consumer spending, which is crucial for policymakers and economists assessing the broader economic landscape.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumers and businesses, then aggregated and calculated by Spain's National Statistics Institute.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this index to assess inflationary pressures and consumer behavior in the housing market, which informs their decision-making.
Q: Are there update delays or limitations?
A: The index is published monthly, with no significant update delays.
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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 (ESPCP040300GYQ), retrieved from FRED.