Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Estonia
ESTCP050000CTGYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.11
Year-over-Year Change
-31.72%
Date Range
1/1/2010 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Furnishings, Household Equipment and Routine Household Maintenance in Estonia measures changes in the prices of these consumer goods and services over time. This index is a key economic indicator for monitoring inflation and consumer spending patterns.
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 Furnishings, Household Equipment and Routine Household Maintenance tracks price fluctuations in a wide range of household items, including furniture, appliances, cleaning products, and home maintenance services. This index is an important component of the overall CPI, which is used to calculate inflation and assess the purchasing power of consumers.
Methodology
The data is collected through surveys of retail establishments and service providers across Estonia.
Historical Context
Policymakers and analysts use this CPI component to gauge consumer demand and the cost of living within the household sector.
Key Facts
- The base year for this CPI component is 2015.
- Household furnishings and equipment account for about 5% of the overall CPI basket in Estonia.
- This index is released monthly by the Statistical Office of Estonia.
FAQs
Q: What does this economic trend measure?
A: The CPI for Furnishings, Household Equipment and Routine Household Maintenance measures changes in the prices of a basket of consumer goods and services related to furnishing and maintaining a household in Estonia.
Q: Why is this trend relevant for users or analysts?
A: This index is an important component of the overall consumer price index, which is a key indicator of inflation and consumer spending power. It provides insights into household purchasing patterns and the cost of living.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and service providers across Estonia.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this CPI component to gauge consumer demand and the cost of living within the household sector, which informs decisions on monetary policy and other economic interventions.
Q: Are there update delays or limitations?
A: This index is released monthly by the Statistical Office of Estonia, with no significant update delays.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Estonia (ESTCP050000CTGYM), retrieved from FRED.