Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Water Supply and Miscellaneous Services Relating to the Dwelling for Luxembourg
LUXCP040400GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.96
Year-over-Year Change
348.97%
Date Range
1/1/1996 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Water Supply and Miscellaneous Services Relating to the Dwelling measures changes in the prices paid by consumers in Luxembourg for these household utilities and services.
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 sub-index is a component of the overall Consumer Price Index, which is a key indicator of inflation and a crucial data point for economic policymakers. It provides insights into the cost of living and purchasing power within Luxembourg's residential sector.
Methodology
The data is collected through regular surveys of prices charged by service providers.
Historical Context
Trends in this CPI component are monitored by the government and central bank to inform monetary and fiscal policies.
Key Facts
- The base year for this CPI is 2015.
- Water supply accounts for the largest share of this index.
- Prices have risen steadily in this category over the past decade.
FAQs
Q: What does this economic trend measure?
A: This CPI sub-index measures changes in the prices paid by consumers in Luxembourg for water supply and other miscellaneous household services like refuse collection and sewerage.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into a key component of household expenditures and is used to assess cost-of-living and inflationary pressures in Luxembourg.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of prices charged by service providers.
Q: How is this trend used in economic policy?
A: Trends in this CPI component are monitored by the government and central bank to inform monetary and fiscal policies aimed at managing inflation and cost-of-living issues.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a short lag, providing timely insights into this aspect of consumer prices.
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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 Luxembourg (LUXCP040400GYM), retrieved from FRED.