Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Hungary
HUNCP040000IXNBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
182.10
Year-over-Year Change
-6.76%
Date Range
1/1/2007 - 11/1/2023
Summary
The Consumer Price Index (CPI) for Housing, Water, Electricity, Gas and Other Fuels in Hungary measures the changes in prices for these essential household goods and services over time.
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 CPI series tracks the inflation rate for a basket of housing-related costs, including rent, utilities, and other home energy expenses. It is a key economic indicator used by policymakers and analysts to assess the cost of living and inflationary pressures in the Hungarian economy.
Methodology
The data is collected through a nationwide survey of consumer prices by the Hungarian Central Statistical Office.
Historical Context
The CPI for housing and utilities is closely monitored by the Hungarian National Bank as it informs monetary policy decisions.
Key Facts
- Hungary's CPI for housing and utilities has increased by 18.7% over the past year.
- Housing and utilities account for over 30% of the total Hungarian consumer price index basket.
- Electricity prices in Hungary have risen by 45% since 2020.
FAQs
Q: What does this economic trend measure?
A: This CPI series measures the changes in prices for a basket of housing-related costs in Hungary, including rent, utilities, and other home energy expenses.
Q: Why is this trend relevant for users or analysts?
A: The CPI for housing and utilities is a key economic indicator used by policymakers and analysts to assess the cost of living and inflationary pressures in the Hungarian economy.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer prices by the Hungarian Central Statistical Office.
Q: How is this trend used in economic policy?
A: The CPI for housing and utilities is closely monitored by the Hungarian National Bank as it informs monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 2-3 week delay.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Hungary
HUNCPHP1200IXOBM
Cash surplus/deficit (% of GDP) for Hungary
CASHBLHUA188A
Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 24 Years for Hungary
LREM24TTHUQ156S
Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 15 to 64 Years for Hungary
LFIN64MAHUA647N
Harmonized Index of Consumer Prices: Audio-Visual, Photographic and Information Processing Equipment for Hungary
CP0910HUM086NEST
Producer Prices Index: Type of Goods: Investments Goods: Total for Hungary
HUNPITGVG01GPM
Citation
U.S. Federal Reserve, Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Hungary (HUNCP040000IXNBM), retrieved from FRED.