Consumer Price Index: Food and Non-Alcoholic Beverages (COICOP 01): Total for Hungary
Quarterly
HUNCP010000GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.14
Year-over-Year Change
133.62%
Date Range
4/1/1980 - 7/1/2023
Summary
The Quarterly trend measures the quarterly change in the U.S. nominal house price index. It provides important insights into the state of the housing market and broader economic conditions.
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 Quarterly trend tracks the quarter-over-quarter percent change in the national nominal house price index. This measure is widely used by economists, policymakers, and investors to assess housing market dynamics and their broader macroeconomic implications.
Methodology
The data is calculated from the Federal Housing Finance Agency's purchase-only house price index.
Historical Context
Changes in house prices can influence consumer spending, wealth effects, and mortgage market conditions, making this a key indicator for economic analysis and policymaking.
Key Facts
- The Quarterly trend reached a peak of 3.2% in Q1 2022.
- House prices rose over 20% year-over-year in 2021.
- The index is published quarterly by the Federal Housing Finance Agency.
FAQs
Q: What does this economic trend measure?
A: The Quarterly trend measures the quarter-over-quarter percent change in the national nominal house price index.
Q: Why is this trend relevant for users or analysts?
A: Changes in house prices can significantly impact consumer spending, wealth effects, and mortgage market conditions, making this a key indicator for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is calculated from the Federal Housing Finance Agency's purchase-only house price index.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor the Quarterly trend to assess housing market dynamics and their broader macroeconomic implications.
Q: Are there update delays or limitations?
A: The Quarterly trend is published on a quarterly basis, with a typical delay of several weeks after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly (HUNCP010000GPQ), retrieved from FRED.