Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for India
INDCP040000GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.27
Year-over-Year Change
28.40%
Date Range
2/1/2013 - 5/1/2019
Summary
The Consumer Price Index (CPI) for Housing, Water, Electricity, Gas, and Other Fuels in India measures changes in the prices of these essential goods and services. This index is a key indicator of inflation and cost of living for Indian households.
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 Housing, Water, Electricity, Gas, and Other Fuels in India tracks the prices of a basket of goods and services related to housing, utilities, and household energy. This index is used by policymakers, economists, and the public to understand trends in the cost of basic necessities and their impact on the overall cost of living.
Methodology
The data is collected through surveys of Indian households and businesses by the Ministry of Statistics and Programme Implementation.
Historical Context
This CPI index helps inform monetary and fiscal policies aimed at managing inflation and supporting economic growth in India.
Key Facts
- Housing, water, electricity, gas, and other fuels account for over 23% of the CPI basket in India.
- India's CPI for this category has risen by an average of 5.4% per year over the past decade.
- Monitoring this CPI index is crucial for the Reserve Bank of India's inflation targeting policies.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index for Housing, Water, Electricity, Gas, and Other Fuels in India measures changes in the prices of these essential goods and services for Indian households.
Q: Why is this trend relevant for users or analysts?
A: This CPI index is a key indicator of inflation and the cost of living in India, helping policymakers, economists, and the public understand trends in the prices of basic necessities.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Indian households and businesses by the Ministry of Statistics and Programme Implementation.
Q: How is this trend used in economic policy?
A: This CPI index helps inform monetary and fiscal policies aimed at managing inflation and supporting economic growth in India.
Q: Are there update delays or limitations?
A: The CPI data is released monthly by the Indian government, with occasional revisions to historical figures.
Related Trends
Use of Financial Services, Assets: Outstanding Loans at Credit Unions and Financial Cooperatives for India
INDFCSODUXDC
Amount Outstanding of Domestic Debt Securities for General Government Issuers, All Maturities, Residence of Issuer in India
DSAMRIAOGGIN
Production: Manufacturing: Investment Goods: Total for India
INDPRMNVG01IXOBSAM
Composite Leading Indicators: Reference Series (GDP) Normalized for India
INDLORSGPNOSTSAM
Wholesale Prices: Industry Aggregates: Manufactured Products: Total for India
INDWPIAMP01GPM
Total Reserves excluding Gold for India
TRESEGINM052N
Citation
U.S. Federal Reserve, Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for India (INDCP040000GPM), retrieved from FRED.