Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Portugal
PRTCP050000IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.78
Year-over-Year Change
8.68%
Date Range
1/1/1948 - 1/1/2025
Summary
The Consumer Price Index (CPI) for Furnishings, Household Equipment and Routine Household Maintenance in Portugal measures changes in the prices of these consumer goods and services over time. This metric is a key indicator of inflation and consumer spending trends.
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 Furnishings, Household Equipment and Routine Household Maintenance in Portugal is a subindex of the broader CPI, which tracks the weighted average change in prices paid by consumers for a basket of goods and services. This subindex specifically focuses on the category of household goods and maintenance, providing insight into a crucial component of consumer expenditure.
Methodology
The data is collected by Portugal's National Statistical Institute through surveys of consumer prices.
Historical Context
This CPI subindex is used by policymakers, economists, and market analysts to assess inflationary pressures and consumer behavior.
Key Facts
- The CPI for Furnishings, Household Equipment and Routine Household Maintenance in Portugal has a base year of 2015.
- This CPI subindex accounts for approximately 6% of the overall CPI basket in Portugal.
- The data is released monthly by Portugal's National Statistical Institute.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Furnishings, Household Equipment and Routine Household Maintenance in Portugal measures changes in the prices of these consumer goods and services over time.
Q: Why is this trend relevant for users or analysts?
A: This CPI subindex provides insight into a crucial component of consumer expenditure, helping policymakers, economists, and market analysts assess inflationary pressures and consumer behavior.
Q: How is this data collected or calculated?
A: The data is collected by Portugal's National Statistical Institute through surveys of consumer prices.
Q: How is this trend used in economic policy?
A: This CPI subindex is used by policymakers, economists, and market analysts to assess inflationary pressures and consumer behavior.
Q: Are there update delays or limitations?
A: The data is released monthly by Portugal's National Statistical Institute.
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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 (PRTCP050000IXOBQ), retrieved from FRED.