Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Electricity, Gas and Other Fuels for Russia
RUSCP040500GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.22
Year-over-Year Change
15.12%
Date Range
1/1/2010 - 2/1/2022
Summary
The Consumer Price Index (CPI) for Electricity, Gas and Other Fuels in Russia measures changes in the prices paid by consumers for household utilities and energy. This metric is a key indicator of inflationary pressures and consumer purchasing power.
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 Electricity, Gas and Other Fuels is a subcomponent of the broader Russian Consumer Price Index, which tracks changes in the prices of a representative basket of consumer goods and services. This specific index is closely watched by policymakers and analysts to assess the impact of energy costs on household budgets and overall inflation.
Methodology
The data is collected through regular surveys of prices paid by Russian consumers.
Historical Context
This index is used to inform monetary and fiscal policies aimed at managing inflation and supporting household purchasing power.
Key Facts
- Russia's CPI for Electricity, Gas and Other Fuels has increased by 15% over the past year.
- Household energy costs account for approximately 10% of the average Russian consumer's monthly expenditures.
- The CPI for Electricity, Gas and Other Fuels is a component of the broader Russian CPI, which is the primary measure of inflation in the country.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Electricity, Gas and Other Fuels in Russia measures changes in the prices paid by consumers for household utilities and energy.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of inflationary pressures and consumer purchasing power, and is closely watched by policymakers and analysts to assess the impact of energy costs on household budgets and overall inflation.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of prices paid by Russian consumers.
Q: How is this trend used in economic policy?
A: This index is used to inform monetary and fiscal policies aimed at managing inflation and supporting household purchasing power.
Q: Are there update delays or limitations?
A: The CPI for Electricity, Gas and Other Fuels in Russia is updated monthly with a short publication delay.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Electricity, Gas and Other Fuels for Russia (RUSCP040500GYM), retrieved from FRED.