Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Maintenance and Repair of the Dwelling for Russia
Index 2015=100, Quarterly
RUSCP040300IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
149.97
Year-over-Year Change
30.50%
Date Range
1/1/2004 - 10/1/2021
Summary
This quarterly index measures the overall price level for consumer goods and services in Russia, with a base year of 2015. It is a key indicator used by economists and policymakers to assess inflationary pressures and monitor the state of 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 Russian Consumer Price Index (CPI) 2015=100, Quarterly tracks the average change in prices paid by consumers for a basket of goods and services. It is a widely used metric for gauging the purchasing power of the ruble and the cost of living in Russia.
Methodology
The Russian CPI is calculated by the Federal State Statistics Service based on a survey of consumer expenditures.
Historical Context
The CPI is a vital input for Russian monetary policy, informing interest rate decisions and inflation targeting by the Central Bank of Russia.
Key Facts
- The base year for the index is 2015.
- The index is published on a quarterly basis.
- Tracking the CPI is crucial for managing inflation in the Russian economy.
FAQs
Q: What does this economic trend measure?
A: The Russian Consumer Price Index (CPI) 2015=100, Quarterly measures the average change in prices paid by consumers for a basket of goods and services in Russia.
Q: Why is this trend relevant for users or analysts?
A: The CPI is a key indicator used by economists and policymakers to assess inflationary pressures and the purchasing power of the ruble, making it essential for monitoring the state of the Russian economy.
Q: How is this data collected or calculated?
A: The Russian CPI is calculated by the Federal State Statistics Service based on a survey of consumer expenditures.
Q: How is this trend used in economic policy?
A: The CPI is a vital input for Russian monetary policy, informing interest rate decisions and inflation targeting by the Central Bank of Russia.
Q: Are there update delays or limitations?
A: The CPI data is published on a quarterly basis, with a short delay in availability.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (RUSCP040300IXOBQ), retrieved from FRED.