Consumer Price Index: Harmonized Prices: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Spain
ESPCPHP0400IXEBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
108.37
Year-over-Year Change
-5.61%
Date Range
1/1/1996 - 11/1/2023
Summary
The Consumer Price Index: Harmonized Prices: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Spain measures changes in the prices paid by Spanish consumers for housing, utilities, and related expenses.
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 index is a component of the overall Consumer Price Index (CPI) for Spain and provides insights into the costs of essential household goods and services. Economists and policymakers use this data to assess changes in the cost of living and guide decisions on fiscal and monetary policy.
Methodology
The data is collected through a nationwide survey of consumer purchases and prices.
Historical Context
This index is a key input for understanding inflationary pressures and the purchasing power of Spanish households.
Key Facts
- The index has a base year of 2015 = 100.
- Housing and utilities account for over 30% of the overall CPI in Spain.
- Prices in this category have risen by 10% since 2015.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the prices paid by Spanish consumers for housing, water, electricity, gas, and other household fuels and utilities.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into a major component of the cost of living in Spain and is used by economists and policymakers to assess inflationary pressures and the purchasing power of households.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer purchases and prices.
Q: How is this trend used in economic policy?
A: This index is a key input for the Bank of Spain and other institutions when making decisions on monetary and fiscal policy to manage inflation and support household purchasing power.
Q: Are there update delays or limitations?
A: The data is published monthly with a 1-2 month lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Consumer Price Index: Harmonized Prices: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Spain (ESPCPHP0400IXEBM), retrieved from FRED.