Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing Excluding Imputed Rentals for Housing for Luxembourg

LUXCPGRHO02GYQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.39

Year-over-Year Change

-44.77%

Date Range

1/1/1996 - 1/1/2025

Summary

The Consumer Price Index (CPI) for Housing Excluding Imputed Rentals for Housing in Luxembourg measures changes in housing-related consumer prices, excluding the imputed cost of owner-occupied housing. This metric is important for economists and policymakers to understand inflationary pressures and consumer spending patterns.

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 Housing Excluding Imputed Rentals for Housing CPI is a subcategory of the overall Consumer Price Index that tracks changes in prices for housing-related goods and services in Luxembourg, excluding the estimated rental value of owner-occupied dwellings. This provides a more precise gauge of consumer housing costs and inflationary trends.

Methodology

The data is collected through regular household surveys and calculations by the Luxembourg national statistics office.

Historical Context

This CPI component is closely monitored by the European Central Bank and Luxembourg policymakers to assess inflation and the cost of living.

Key Facts

  • The Housing Excluding Imputed Rentals for Housing CPI has a base year of 2015.
  • This CPI component makes up around 20% of the overall Luxembourg Consumer Price Index.
  • Housing costs are a major driver of inflation and cost of living in Luxembourg.

FAQs

Q: What does this economic trend measure?

A: The Housing Excluding Imputed Rentals for Housing CPI measures changes in consumer prices for housing-related goods and services in Luxembourg, excluding the estimated rental value of owner-occupied dwellings.

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

A: This CPI component provides a more precise gauge of housing-related inflationary pressures faced by consumers in Luxembourg, which is a key driver of overall cost of living and an important indicator for policymakers and economists.

Q: How is this data collected or calculated?

A: The data is collected through regular household surveys and calculations by the Luxembourg national statistics office.

Q: How is this trend used in economic policy?

A: The Housing Excluding Imputed Rentals for Housing CPI is closely monitored by the European Central Bank and Luxembourg policymakers to assess inflation and the cost of living, informing monetary and fiscal policy decisions.

Q: Are there update delays or limitations?

A: The CPI data is published on a monthly basis with a short lag, providing timely insights into housing-related inflationary trends in Luxembourg.

Related Trends

Citation

U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing Excluding Imputed Rentals for Housing for Luxembourg (LUXCPGRHO02GYQ), retrieved from FRED.