Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Maintenance and Repair of the Dwelling for Portugal
PRTCP040300GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.14
Year-over-Year Change
-10.71%
Date Range
1/1/1992 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Maintenance and Repair of the Dwelling in Portugal measures changes in the prices paid by consumers for household maintenance and repair services. This indicator provides insight into inflationary pressures within the housing sector, which is a key component of the overall cost of living.
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 Maintenance and Repair of the Dwelling in Portugal is part of the broader Consumer Price Index (CPI) and Harmonized Index of Consumer Prices (HICP) frameworks. It tracks the prices of a representative basket of household maintenance and repair services, such as labor and materials for minor repairs. This metric is widely used by economists and policymakers to assess trends in consumer inflation.
Methodology
The data is collected through regular surveys of consumer prices across a representative sample of retail establishments in Portugal.
Historical Context
Trends in the CPI for Maintenance and Repair of the Dwelling are closely monitored by the Bank of Portugal and the European Central Bank to help guide monetary policy decisions.
Key Facts
- The CPI for Maintenance and Repair of the Dwelling accounts for approximately 2.8% of the total CPI basket in Portugal.
- Portugal's CPI for Maintenance and Repair of the Dwelling has increased by an average of 2.1% annually over the past decade.
- Residential maintenance and repair costs are a key driver of overall housing inflation in Portugal.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Maintenance and Repair of the Dwelling in Portugal measures changes in the prices paid by consumers for household maintenance and repair services.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into inflationary pressures within the housing sector, which is a key component of the overall cost of living. Trends in the CPI for Maintenance and Repair of the Dwelling are closely monitored by policymakers to help guide monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of consumer prices across a representative sample of retail establishments in Portugal.
Q: How is this trend used in economic policy?
A: Trends in the CPI for Maintenance and Repair of the Dwelling are closely monitored by the Bank of Portugal and the European Central Bank to help guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The CPI for Maintenance and Repair of the Dwelling in Portugal is published monthly with a typical release lag of 2-3 weeks.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Maintenance and Repair of the Dwelling for Portugal (PRTCP040300GYM), retrieved from FRED.