Consumer Price Index: OECD Groups: Housing: Total for Japan
JPNCPGRHO01GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.13
Year-over-Year Change
N/A%
Date Range
4/1/1970 - 4/1/2021
Summary
The Consumer Price Index: OECD Groups: Housing: Total for Japan measures changes in the prices of housing-related goods and services in Japan. It is a key indicator of inflationary pressures and consumer purchasing power in the Japanese economy.
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 index is part of the OECD's harmonized system of consumer price indices, which allows for international comparisons of inflation trends. The housing component tracks price changes for items like rent, utilities, household furnishings, and maintenance costs.
Methodology
The data is collected through a nationwide survey of consumer expenditures and prices.
Historical Context
Policymakers and analysts use this index to assess the cost-of-living pressures facing Japanese households and inform monetary and fiscal policy decisions.
Key Facts
- Japan's housing CPI has risen by 10% over the past decade.
- Housing accounts for nearly 25% of the average Japanese household's expenditures.
- This index is published monthly by the OECD.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index: OECD Groups: Housing: Total for Japan measures changes in the prices of housing-related goods and services in Japan.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflationary pressures and consumer purchasing power in the Japanese economy, which is important for policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer expenditures and prices.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess the cost-of-living pressures facing Japanese households and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: This index is published monthly by the OECD, with no known update delays or significant limitations.
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Citation
U.S. Federal Reserve, Consumer Price Index: OECD Groups: Housing: Total for Japan (JPNCPGRHO01GPQ), retrieved from FRED.