Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Hungary
HUNCP050000IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
154.50
Year-over-Year Change
2.80%
Date Range
1/1/2007 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Furnishings, Household Equipment and Routine Household Maintenance tracks changes in the prices paid by Hungarian consumers for these 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 subindex is a key indicator of inflationary pressures and consumer spending habits within the household operations category. Economists and policymakers use it to assess the overall cost of living and inform monetary policy decisions.
Methodology
The data is collected through a nationwide survey of consumer prices by the Hungarian Central Statistical Office.
Historical Context
This CPI data provides important insights into household consumption patterns that can impact broader economic trends and policies.
Key Facts
- Hungary's CPI for Furnishings and Household Maintenance has a base year of 2015.
- This index accounts for around 5% of the total Hungarian CPI basket.
- Prices in this category have risen by an average of 2.8% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This CPI subindex tracks changes in the prices paid by Hungarian consumers for furnishings, household equipment, and routine household maintenance over time.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into household consumption patterns and inflationary pressures, which are key inputs for economic policymaking.
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: Economists and policymakers use this CPI data to assess the overall cost of living and inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The CPI data is published monthly with a typical 2-week lag, providing timely insights into household spending trends.
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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 Hungary (HUNCP050000IXOBM), retrieved from FRED.