Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Portugal
PRTCP050000IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.22
Year-over-Year Change
-0.59%
Date Range
1/1/1948 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Furnishings, Household Equipment and Routine Household Maintenance tracks changes in the prices paid by Portuguese consumers for these household goods and services.
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 CPI series is a component of the broader Harmonized Index of Consumer Prices (HICP) for Portugal, which measures the overall change in consumer prices. The Furnishings, Household Equipment and Routine Household Maintenance CPI provides insight into a key area of household spending.
Methodology
The data is collected through surveys of consumer prices by Portugal's National Statistics Institute.
Historical Context
This CPI trend is used by policymakers and analysts to assess inflationary pressures and inform economic decision-making.
Key Facts
- The Furnishings, Household Equipment and Routine Household Maintenance CPI accounts for around 6% of the total HICP in Portugal.
- This CPI has risen by an average of 1.2% annually over the past decade.
- Prices in this category can be impacted by factors like commodity costs and consumer demand.
FAQs
Q: What does this economic trend measure?
A: The Furnishings, Household Equipment and Routine Household Maintenance CPI measures changes in the prices paid by Portuguese consumers for a basket of household goods and services.
Q: Why is this trend relevant for users or analysts?
A: This CPI provides important insight into inflationary pressures on a key component of household spending, which is useful for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of consumer prices by Portugal's National Statistics Institute.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this CPI trend to assess inflationary pressures and inform decisions around monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The CPI data is typically published on a monthly basis with a lag of several weeks.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Portugal (PRTCP050000IXOBM), retrieved from FRED.