Consumer Price Index: Harmonized Prices: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Maintenance and Repairs of the Dwellings for France
FRACPHP0403GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.20
Year-over-Year Change
-33.33%
Date Range
2/1/1996 - 11/1/2023
Summary
The Consumer Price Index: Harmonized Prices for France measures the change in prices for housing, water, electricity, gas, and other fuels, specifically related to the maintenance and repairs of dwellings. This metric is a key indicator of consumer inflation and cost of living trends.
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 series tracks the price changes for a basket of goods and services related to maintaining and repairing residential housing in France. It is part of the broader Harmonized Index of Consumer Prices (HICP), which allows for cross-country comparisons of inflation within the European Union.
Methodology
The data is collected through surveys of consumer prices by the French National Institute of Statistics and Economic Studies (INSEE).
Historical Context
Policymakers and central banks use this index to monitor inflationary pressures and make informed decisions about monetary policy.
Key Facts
- The index has a base year of 2015 = 100.
- Prices are measured monthly and reported with a lag of approximately one month.
- The index covers around 6% of the total HICP basket for France.
FAQs
Q: What does this economic trend measure?
A: This economic trend measures the change in prices for housing, water, electricity, gas, and other fuels related to the maintenance and repairs of residential dwellings in France.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of consumer inflation and cost of living pressures, which is important for policymakers, central banks, and economists when assessing the broader economic environment.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices by the French National Institute of Statistics and Economic Studies (INSEE).
Q: How is this trend used in economic policy?
A: Policymakers and central banks use this index to monitor inflationary pressures and make informed decisions about monetary policy.
Q: Are there update delays or limitations?
A: Prices are measured monthly and reported with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Consumer Price Index: Harmonized Prices: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Maintenance and Repairs of the Dwellings for France (FRACPHP0403GPM), retrieved from FRED.