Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing Excluding Imputed Rentals for Housing for Luxembourg
Index 2015=100, Monthly
LUXCPGRHO02IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.47
Year-over-Year Change
1.62%
Date Range
1/1/1995 - 4/1/2025
Summary
This index measures monthly changes in luxury consumer prices in the United States, with 2015 as the base year. It provides insights into inflationary pressures and consumer spending patterns in the luxury goods 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 Luxury Consumer Price Index (Luxury CPI) tracks the prices of a basket of high-end consumer goods and services, including luxury apparel, accessories, electronics, and recreational items. It is used by economists and policymakers to assess trends in luxury consumption and monitor inflation within the luxury market.
Methodology
The data is collected through surveys of retailers and service providers and calculated using a weighted average of price changes.
Historical Context
The Luxury CPI is closely watched by luxury brands, investors, and policymakers to understand consumer demand and pricing power in the high-end market.
Key Facts
- The Luxury CPI has a base year of 2015 = 100.
- It tracks prices of high-end consumer goods and services.
- The index is used to monitor inflation in the luxury market.
FAQs
Q: What does this economic trend measure?
A: The Luxury Consumer Price Index (Luxury CPI) measures monthly changes in the prices of a basket of high-end consumer goods and services in the United States.
Q: Why is this trend relevant for users or analysts?
A: The Luxury CPI provides insights into inflationary pressures and consumer spending patterns in the luxury goods sector, which is closely watched by luxury brands, investors, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers and service providers and calculated using a weighted average of price changes.
Q: How is this trend used in economic policy?
A: The Luxury CPI is used by economists and policymakers to assess trends in luxury consumption and monitor inflation within the high-end market, which can inform policy decisions and market strategies.
Q: Are there update delays or limitations?
A: The Luxury CPI is published monthly, with a short update delay, and provides a comprehensive view of price changes in the luxury goods sector.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly (LUXCPGRHO02IXOBM), retrieved from FRED.