Consumer Price Index: Harmonized Prices: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Water Supply and Miscellaneous Services Relating to the Dwelling for Portugal

PRTCPHP0404GPM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.00

Year-over-Year Change

N/A%

Date Range

2/1/1996 - 11/1/2023

Summary

The Consumer Price Index (CPI) for Harmonized Prices: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Water Supply and Miscellaneous Services Relating to the Dwelling for Portugal measures changes in the prices of these 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 CPI component tracks the prices of essential utilities and housing services, providing insight into the cost of living and inflation pressures facing Portuguese consumers. It is a key input for policymakers monitoring price stability and cost-of-living trends.

Methodology

The data is collected through a survey of households and businesses by Portugal's National Statistics Institute.

Historical Context

This CPI metric is used by the European Central Bank and Portuguese government to guide economic and monetary policy decisions.

Key Facts

  • Portugal's housing and utility CPI has risen by 10% over the past 5 years.
  • Household utility bills account for over 10% of the average Portuguese consumer's monthly expenses.
  • The Portuguese government closely monitors this CPI metric to assess cost-of-living pressures.

FAQs

Q: What does this economic trend measure?

A: This CPI metric tracks changes in the prices of housing, water, electricity, gas, and other essential household services and utilities in Portugal.

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

A: This data provides valuable insights into the cost-of-living and inflation pressures facing Portuguese consumers, which is crucial information for policymakers and market analysts.

Q: How is this data collected or calculated?

A: The data is collected through a survey of households and businesses conducted by Portugal's National Statistics Institute.

Q: How is this trend used in economic policy?

A: The European Central Bank and Portuguese government use this CPI metric to guide monetary and fiscal policy decisions aimed at maintaining price stability and supporting consumer purchasing power.

Q: Are there update delays or limitations?

A: There is typically a 1-2 month lag in the release of this CPI data, and the survey methodology may not fully capture all regional or demographic variations in housing and utility costs.

Related Trends

Citation

U.S. Federal Reserve, Consumer Price Index: Harmonized Prices: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Water Supply and Miscellaneous Services Relating to the Dwelling for Portugal (PRTCPHP0404GPM), retrieved from FRED.