Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Imputed Rentals for Housing: Total for Israel
ISRCP040200GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.65
Year-over-Year Change
-195.33%
Date Range
2/1/1985 - 11/1/2023
Summary
The Consumer Price Index (CPI) for Housing, Water, Electricity, Gas and Other Fuels (COICOP 04) measures changes in the prices paid by Israeli consumers for these essential goods and services. It provides insight into a key component of the overall cost of living.
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 specifically tracks imputed rentals for housing, which represents the estimated market value of housing services consumed by owner-occupiers. It is a crucial indicator for understanding housing affordability and inflationary pressures in the Israeli economy.
Methodology
The data is collected through a nationwide survey of consumer prices.
Historical Context
Policymakers and analysts use this CPI component to inform decisions on monetary policy, subsidies, and standards of living.
Key Facts
- The base year for this CPI series is 2015.
- Housing accounts for over 20% of the Israeli CPI basket.
- Imputed rentals represent the largest component of the Housing CPI.
FAQs
Q: What does this economic trend measure?
A: This CPI series measures changes in the imputed rental costs for owner-occupied housing in Israel, a key component of the overall Consumer Price Index.
Q: Why is this trend relevant for users or analysts?
A: Imputed rentals are a crucial indicator of housing affordability and inflationary pressures in the Israeli economy, informing policy decisions on monetary policy, subsidies, and standards of living.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer prices by the Israeli Central Bureau of Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this CPI component to monitor housing costs and inform decisions on monetary policy, subsidies, and standards of living.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, providing timely information on housing-related inflationary pressures.
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Citation
U.S. Federal Reserve, Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Imputed Rentals for Housing: Total for Israel (ISRCP040200GPM), retrieved from FRED.