Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Luxembourg
LUXCPHP0400IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
128.19
Year-over-Year Change
4.82%
Date Range
1/1/1996 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Housing, Water, Electricity, Gas and Other Fuels in Luxembourg measures changes in the prices of these essential household services. This trend is a key indicator of inflation and living costs in the country.
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, Water, Electricity, Gas and Other Fuels CPI is a subcomponent of the overall Luxembourg CPI, which tracks changes in the prices consumers pay for a basket of goods and services. This sector-specific index provides insights into a major component of household budgets and cost-of-living dynamics.
Methodology
The data is collected through regular surveys of consumer prices by Luxembourg's statistical agency.
Historical Context
Policymakers and economists use this CPI trend to assess inflationary pressures and the impact on household finances.
Key Facts
- The Housing, Water, Electricity, Gas and Other Fuels CPI accounts for over 20% of the total Luxembourg CPI basket.
- Prices in this sector have risen by an average of 2.5% annually over the past decade.
- Housing and utility costs are a major driver of overall inflation in Luxembourg.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Housing, Water, Electricity, Gas and Other Fuels in Luxembourg tracks changes in the prices of these essential household services.
Q: Why is this trend relevant for users or analysts?
A: This sector-specific CPI provides insights into a major component of household budgets and cost-of-living dynamics, making it a key indicator for policymakers and economists assessing inflationary pressures.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of consumer prices by Luxembourg's statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this CPI trend to assess inflationary pressures and the impact on household finances.
Q: Are there update delays or limitations?
A: The CPI data is published monthly with a short lag, providing timely insights into housing and utility cost dynamics.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Luxembourg (LUXCPHP0400IXOBM), retrieved from FRED.