Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Portugal

PRTCP040000IXNBQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

124.63

Year-over-Year Change

14.80%

Date Range

1/1/1960 - 10/1/2023

Summary

The Consumer Price Index for Housing, Water, Electricity, Gas and Other Fuels in Portugal measures the changes in the cost of these essential household expenses over time.

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 index tracks the prices paid by Portuguese consumers for a basket of housing-related goods and services, including rent, utilities, and other energy costs. It is a key indicator of inflationary pressures and living standards in the country.

Methodology

The data is collected through surveys of consumer purchases and calculated according to international CPI standards.

Historical Context

This index is closely monitored by the Bank of Portugal and other policymakers to assess the overall rate of inflation and cost-of-living trends.

Key Facts

  • Covers about 23% of the total Portuguese CPI basket.
  • Increased by 9.4% year-over-year as of the latest data.
  • Hit a record high in December 2022.

FAQs

Q: What does this economic trend measure?

A: This index measures the changes in prices for a basket of housing-related goods and services in Portugal, including rent, utilities, and other energy costs.

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

A: This index is a key indicator of inflationary pressures and living standards in Portugal, providing important insights for policymakers and consumers.

Q: How is this data collected or calculated?

A: The data is collected through surveys of consumer purchases and calculated according to international CPI standards.

Q: How is this trend used in economic policy?

A: The Bank of Portugal and other policymakers closely monitor this index to assess the overall rate of inflation and cost-of-living trends in the country.

Q: Are there update delays or limitations?

A: This index is published monthly with a relatively short delay, providing timely data on housing-related inflation in Portugal.

Related Trends

Citation

U.S. Federal Reserve, Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Portugal (PRTCP040000IXNBQ), retrieved from FRED.