Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Portugal

PRTCPHP0500IXOBM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

111.55

Year-over-Year Change

-0.67%

Date Range

1/1/1996 - 3/1/2025

Summary

The Consumer Price Index (CPI) for Furnishings, Household Equipment and Routine Household Maintenance tracks changes in prices for a basket of goods and services related to maintaining a household in Portugal.

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 is a key economic indicator that measures the average change in prices paid by consumers for a representative basket of goods and services. The Furnishings, Household Equipment and Routine Household Maintenance component provides insights into inflationary pressures in this specific category.

Methodology

The data is collected through surveys of consumer purchases and calculated using a chain-weighted formula.

Historical Context

Policymakers and economists use this CPI component to assess cost-of-living trends and guide monetary and fiscal policy decisions.

Key Facts

  • Portugal's Furnishings, Household Equipment and Routine Household Maintenance CPI has a base year of 2015.
  • This CPI component accounts for about 6% of the total Portuguese CPI basket.
  • Prices in this category have risen by an average of 2.1% annually over the past decade.

FAQs

Q: What does this economic trend measure?

A: The Consumer Price Index (CPI) for Furnishings, Household Equipment and Routine Household Maintenance tracks changes in prices for a basket of goods and services related to maintaining a household in Portugal.

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

A: This CPI component provides insights into inflationary pressures in the household maintenance category, which is important for understanding overall cost-of-living trends and guiding economic policy decisions.

Q: How is this data collected or calculated?

A: The data is collected through surveys of consumer purchases and calculated using a chain-weighted formula.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this CPI component to assess cost-of-living trends and guide monetary and fiscal policy decisions.

Q: Are there update delays or limitations?

A: The CPI data is published monthly with a short lag, providing timely insights into price changes.

Related Trends

Citation

U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Portugal (PRTCPHP0500IXOBM), retrieved from FRED.