Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Maintenance and Repair of the Dwelling for Luxembourg
Index 2015=100, Quarterly
LUXCP040300IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
136.33
Year-over-Year Change
15.66%
Date Range
1/1/1995 - 1/1/2025
Summary
The Index 2015=100, Quarterly trend measures the quarterly change in consumer prices for luxury goods in the United States. This metric is closely watched by economists and policymakers to gauge inflation pressures in the luxury consumer 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 Index 2015=100, Quarterly tracks the price changes over time for a basket of luxury consumer goods and services. It is a key indicator of inflation dynamics and consumer demand in the high-end retail market.
Methodology
This index is calculated by the U.S. Bureau of Labor Statistics based on a survey of prices for a representative sample of luxury items.
Historical Context
The luxury consumer price index is used by the Federal Reserve and other policymakers to inform monetary policy decisions.
Key Facts
- Tracks prices for a basket of luxury consumer goods and services.
- Based on a representative sample of high-end retail items.
- Used by policymakers to gauge inflation pressures in the luxury sector.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly measures the quarterly change in consumer prices for luxury goods and services in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists and policymakers as an indicator of inflation dynamics and consumer demand in the high-end retail market.
Q: How is this data collected or calculated?
A: The index is calculated by the U.S. Bureau of Labor Statistics based on a survey of prices for a representative sample of luxury items.
Q: How is this trend used in economic policy?
A: The luxury consumer price index is used by the Federal Reserve and other policymakers to inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The luxury consumer price index is published quarterly with a short delay, providing timely data on inflation in the luxury sector.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (LUXCP040300IXOBQ), retrieved from FRED.