Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing Excluding Imputed Rentals for Housing for Russia
Quarterly
RUSCPGRHO02GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.13
Year-over-Year Change
336.43%
Date Range
1/1/2012 - 10/1/2021
Summary
The Quarterly Rent of Shelter for Urban Consumers (RUSCPGRHO02GYQ) measures the change in housing costs for urban residents on a quarterly basis. This metric is a key indicator of inflation and cost of living for policymakers and economists.
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 Quarterly Rent of Shelter for Urban Consumers (RUSCPGRHO02GYQ) tracks the price changes of shelter and housing services for households located in urban areas. This metric is an important component of the Consumer Price Index (CPI) and helps measure overall inflation trends.
Methodology
The data is collected through surveys by the U.S. Bureau of Labor Statistics.
Historical Context
This rent index is used by the Federal Reserve and other institutions to assess economic conditions and guide monetary policy decisions.
Key Facts
- The index has a base year of 1982-1984 = 100.
- Shelter costs account for about one-third of the overall CPI.
- Rent prices have risen faster than overall inflation in recent years.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Rent of Shelter for Urban Consumers (RUSCPGRHO02GYQ) tracks the change in housing costs for households located in urban areas of the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important component of the Consumer Price Index (CPI) and helps measure overall inflation and cost of living trends, which are closely watched by policymakers, economists, and consumers.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Quarterly Rent of Shelter index is used by the Federal Reserve and other institutions to assess economic conditions and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a delay of approximately one month.
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Citation
U.S. Federal Reserve, Quarterly Rent of Shelter for Urban Consumers (RUSCPGRHO02GYQ), retrieved from FRED.