Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Luxembourg
LUXCPHP0401IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114.05
Year-over-Year Change
1.61%
Date Range
1/1/1996 - 3/1/2025
Summary
The Consumer Price Index for Actual Rentals for Housing in Luxembourg measures changes in the cost of renting housing in the country. It is a key indicator of housing affordability and a component of broader inflation metrics.
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 series tracks the price index for the actual cost of renting housing in Luxembourg, a major component of the Consumer Price Index (CPI). It is used to monitor housing affordability trends and gauge inflationary pressures in the broader economy.
Methodology
The data is collected through surveys of rental housing prices across Luxembourg.
Historical Context
This index helps policymakers and analysts understand housing market dynamics and their impact on consumer inflation.
Key Facts
- The base year for this index is 2015.
- Rental costs account for about 8% of the Luxembourg CPI basket.
- Housing affordability is a key policy concern in Luxembourg.
FAQs
Q: What does this economic trend measure?
A: This trend measures changes in the price index for actual rental housing costs in Luxembourg. It is a component of the broader Consumer Price Index (CPI).
Q: Why is this trend relevant for users or analysts?
A: The Actual Rentals for Housing index is an important indicator of housing affordability and a key driver of overall consumer inflation in Luxembourg.
Q: How is this data collected or calculated?
A: The data is collected through surveys of rental housing prices across Luxembourg.
Q: How is this trend used in economic policy?
A: This index helps policymakers and analysts understand housing market dynamics and their impact on consumer inflation, informing policy decisions.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the index only covers a specific component of housing costs in Luxembourg.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Luxembourg (LUXCPHP0401IXOBM), retrieved from FRED.