Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Ireland
IRLCPHP0500IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
87.30
Year-over-Year Change
-0.91%
Date Range
1/1/1996 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Furnishings, Household Equipment and Routine Household Maintenance in Ireland tracks changes in prices paid by consumers for a basket of household goods and services.
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 is a key economic indicator that measures inflation in the household furnishings and maintenance sector. It is used by policymakers, economists, and consumers to assess cost-of-living changes and make informed decisions.
Methodology
The data is collected through a national survey of retail prices.
Historical Context
The CPI informs monetary policy and can impact consumer confidence and purchasing power.
Key Facts
- Ireland's household furnishings and maintenance CPI has a base year of 1999.
- This CPI accounts for around 6% of the total Irish consumer price index basket.
- Prices are collected from a nationwide sample of 15,000 retail outlets.
FAQs
Q: What does this economic trend measure?
A: This CPI series measures changes in the prices paid by Irish consumers for a basket of household furnishings, equipment, and routine maintenance goods and services.
Q: Why is this trend relevant for users or analysts?
A: The household furnishings and maintenance CPI is a key indicator of inflationary pressures in this important consumer spending category, providing insights for policymakers, economists, and households.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of retail prices across a sample of 15,000 outlets.
Q: How is this trend used in economic policy?
A: The household furnishings and maintenance CPI informs monetary policy decisions and can impact consumer confidence and purchasing power.
Q: Are there update delays or limitations?
A: The CPI data is published monthly with a typical 2-week lag from the reference period.
Related Trends
Consumer Price Index: Harmonized Prices: Miscellaneous Goods and Services (COICOP 12): Total for Ireland
IRLCPHP1200GPM
International Merchandise Trade Statistics: Imports: Commodities for Ireland
IRLXTIMVA01CXMLM
Harmonized Index of Consumer Prices: Fruit for Ireland
CP0116IEM086NEST
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Electricity, Gas, Steam, and Air Conditioning Supply for Ireland
IRLPREND401IXOBSAM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Ireland
IRLCP100000GYM
Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for Ireland
IR3TIB01IEM156N
Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Ireland (IRLCPHP0500IXOBM), retrieved from FRED.