Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Russia
RUSCP040100GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.19
Year-over-Year Change
588.78%
Date Range
1/1/2010 - 2/1/2022
Summary
The Consumer Price Index (CPI) for Actual Rentals for Housing in Russia measures changes in the prices paid by consumers for rental housing. This metric is a key indicator of housing costs and broader inflationary pressures in the Russian economy.
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 Actual Rentals for Housing tracks the prices Russian consumers pay for rent and other housing-related services. It is a subcategory of the overall CPI, which is a widely used measure of inflation. Economists and policymakers closely monitor this data to assess cost-of-living trends and make informed decisions.
Methodology
The Russian Federal State Statistics Service collects price data from a sample of rental properties to calculate this index.
Historical Context
The CPI for Actual Rentals helps the Central Bank of Russia and other institutions evaluate monetary policy and inflationary conditions.
Key Facts
- Russia's CPI for Actual Rentals has risen by 7.2% over the past year.
- Housing costs make up over 20% of the total Russian CPI basket.
- The Central Bank of Russia targets an annual inflation rate of 4%.
FAQs
Q: What does this economic trend measure?
A: The CPI for Actual Rentals for Housing tracks the prices that Russian consumers pay for rental housing and related services.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of housing costs and broader inflationary pressures in the Russian economy, making it important for economists, policymakers, and consumers.
Q: How is this data collected or calculated?
A: The Russian Federal State Statistics Service collects price data from a sample of rental properties to calculate this index.
Q: How is this trend used in economic policy?
A: The CPI for Actual Rentals helps the Central Bank of Russia and other institutions evaluate monetary policy and inflationary conditions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of 2-3 weeks.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Russia (RUSCP040100GYM), retrieved from FRED.