Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Luxembourg

LUXCP040000GYM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

4.81

Year-over-Year Change

302.83%

Date Range

1/1/1996 - 4/1/2025

Summary

This economic indicator measures changes in consumer prices for housing, water, electricity, gas, and other fuels in Luxembourg. It is a key metric for assessing the cost of living and inflationary pressures.

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 Consumer Price Index (CPI) for Housing, Water, Electricity, Gas and Other Fuels is a component of the broader Luxembourg Consumer Price Index (HICP). It tracks the monthly price changes of essential household expenses, providing insight into inflation dynamics and consumer purchasing power.

Methodology

This index is calculated by the National Institute of Statistics and Economic Studies of the Grand Duchy of Luxembourg based on a survey of consumer expenditures.

Historical Context

Policymakers and analysts use this CPI component to inform decisions on monetary policy, wage negotiations, and cost-of-living adjustments.

Key Facts

  • Luxembourg's CPI for Housing, Water, Electricity, Gas and Other Fuels has a base year of 2015.
  • This index accounts for over 20% of the total Luxembourg Consumer Price Index (HICP).
  • Prices in this category rose by 4.2% in the last 12 months as of the latest data.

FAQs

Q: What does this economic trend measure?

A: This index measures the monthly changes in consumer prices for essential household expenses like housing, utilities, and other residential fuels in Luxembourg.

Q: Why is this trend relevant for users or analysts?

A: This CPI component provides critical insight into inflationary pressures and the cost of living faced by Luxembourg consumers, informing economic policymaking and analysis.

Q: How is this data collected or calculated?

A: The data is collected through a survey of consumer expenditures by the National Institute of Statistics and Economic Studies of the Grand Duchy of Luxembourg.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this CPI data to assess inflationary trends, guide monetary policy decisions, and determine cost-of-living adjustments.

Q: Are there update delays or limitations?

A: The CPI for Housing, Water, Electricity, Gas and Other Fuels in Luxembourg is published monthly with a lag of approximately one month.

Related Trends

Citation

U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Luxembourg (LUXCP040000GYM), retrieved from FRED.