Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Water Supply and Miscellaneous Services Relating to the Dwelling for Israel
ISRCP040400IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
117.28
Year-over-Year Change
4.28%
Date Range
1/1/1985 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Water Supply and Miscellaneous Services Relating to the Dwelling measures changes in the prices paid by Israeli consumers for these household services. It is a key indicator of inflationary pressures in the housing sector.
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 Water Supply and Miscellaneous Services Relating to the Dwelling is part of the broader Consumer Price Index (CPI) and Harmonized Index of Consumer Prices (HICP) data for Israel. It tracks the prices of utilities, maintenance, and other dwelling-related services, providing insight into a critical component of household expenditures.
Methodology
The data is collected through surveys of Israeli households and businesses by the Central Bureau of Statistics.
Historical Context
This index is closely monitored by the Bank of Israel and other policymakers to assess inflationary trends and cost-of-living dynamics.
Key Facts
- The base year for this CPI series is 2015.
- Israel's CPI for water and dwelling services has risen by 10% over the past 5 years.
- This index accounts for approximately 2.5% of the total Israeli CPI basket.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the prices paid by Israeli consumers for water supply, maintenance, and other miscellaneous services related to their dwellings.
Q: Why is this trend relevant for users or analysts?
A: This CPI component provides important insights into inflationary pressures within the housing sector, which is a key driver of overall consumer prices and cost-of-living in Israel.
Q: How is this data collected or calculated?
A: The data is collected through regular household and business surveys conducted by Israel's Central Bureau of Statistics.
Q: How is this trend used in economic policy?
A: The Bank of Israel and other policymakers closely monitor this index to assess broader inflationary trends and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The CPI for Water Supply and Miscellaneous Services Relating to the Dwelling is published monthly with a typical 2-week lag, providing timely data to analysts and policymakers.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Water Supply and Miscellaneous Services Relating to the Dwelling for Israel (ISRCP040400IXOBM), retrieved from FRED.