Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Water Supply and Miscellaneous Services Relating to the Dwelling for Luxembourg
LUXCPHP0404GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.70
Year-over-Year Change
235.29%
Date Range
1/1/1997 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Water Supply and Miscellaneous Services Relating to the Dwelling in Luxembourg measures changes in the prices paid by consumers for this basket of goods and services. It is a key indicator of inflation and consumer spending patterns in the housing and utilities 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 CPI for Water Supply and Miscellaneous Services Relating to the Dwelling is part of the broader Harmonized Index of Consumer Prices (HICP) framework in Luxembourg. It tracks the change in prices for water supply, refuse collection, sewerage collection, and other housing-related services over time.
Methodology
The data is collected through surveys of consumer expenditures and prices by Luxembourg's national statistics agency.
Historical Context
This CPI component provides valuable insights into consumer behavior and inflationary pressures in the housing market, which is crucial for policymakers and economic analysts.
Key Facts
- The CPI for Water Supply and Miscellaneous Services in Luxembourg has a base year of 1999.
- This index is published monthly by Luxembourg's national statistics agency.
- Utilities and housing-related services account for a significant portion of consumer spending in Luxembourg.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Water Supply and Miscellaneous Services Relating to the Dwelling in Luxembourg measures changes in the prices paid by consumers for this basket of goods and services.
Q: Why is this trend relevant for users or analysts?
A: This CPI component provides valuable insights into consumer behavior and inflationary pressures in the housing market, which is crucial for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and prices by Luxembourg's national statistics agency.
Q: How is this trend used in economic policy?
A: This CPI data is used by policymakers and market analysts to monitor inflation and consumer spending patterns in the housing and utilities sector.
Q: Are there update delays or limitations?
A: The CPI for Water Supply and Miscellaneous Services in Luxembourg is published monthly with no significant update delays.
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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 (LUXCPHP0404GYM), retrieved from FRED.