Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Slovak Republic
SVKCP040000IXNBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
326.10
Year-over-Year Change
5.16%
Date Range
1/1/2002 - 11/1/2023
Summary
The Consumer Price Index (CPI) for Housing, Water, Electricity, Gas and Other Fuels in the Slovak Republic measures the changes in prices of these essential household expenses over time. This index is a key indicator of consumer inflation in the housing sector.
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 Housing, Water, Electricity, Gas and Other Fuels represents the price changes of the COICOP 04 category in the Slovak Republic. This index is a subcomponent of the overall CPI and is used by economists and policymakers to assess inflationary pressures and trends in the housing and utilities sector.
Methodology
The data is collected by the Statistical Office of the Slovak Republic through regular surveys of consumer prices.
Historical Context
This CPI index helps inform monetary policy decisions and provides insight into consumer cost-of-living dynamics.
Key Facts
- The base year for this index is 2015 = 100.
- Housing and utilities account for over 20% of the Slovak consumer price basket.
- Prices in this sector rose 3.2% year-over-year as of the latest report.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index for Housing, Water, Electricity, Gas and Other Fuels measures the changes in prices of these essential household expenses in the Slovak Republic.
Q: Why is this trend relevant for users or analysts?
A: This CPI index is a key indicator of inflationary pressures and consumer cost-of-living dynamics in the housing and utilities sector, which is highly relevant for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the Statistical Office of the Slovak Republic through regular surveys of consumer prices.
Q: How is this trend used in economic policy?
A: This CPI index helps inform monetary policy decisions and provides insight into consumer cost-of-living dynamics that are relevant for both markets and policymakers.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Slovak Republic (SVKCP040000IXNBM), retrieved from FRED.