Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Slovak Republic
SVKCP040000IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
138.80
Year-over-Year Change
2.35%
Date Range
1/1/2002 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Housing, Water, Electricity, Gas and Other Fuels in Slovakia tracks changes in the prices of essential household services and utilities. This index is a key indicator of inflation and cost-of-living trends for Slovak consumers.
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 is a component of the broader Consumer Price Index (CPI) and Harmonized Index of Consumer Prices (HICP) for Slovakia. It measures the price changes of a representative basket of household energy and housing-related goods and services.
Methodology
The data is collected through surveys of consumer prices by the Statistical Office of the Slovak Republic.
Historical Context
Policymakers and analysts use this index to understand domestic price pressures and assess the effectiveness of monetary and fiscal policies.
Key Facts
- The CPI for Housing, Water, Electricity, Gas and Other Fuels has a weight of 22.7% in the overall Slovak CPI basket.
- Housing and utilities are the second-largest component of the Slovak household consumption expenditure, after food and non-alcoholic beverages.
- In 2022, the year-over-year change in the Slovak CPI for Housing, Water, Electricity, Gas and Other Fuels reached a high of 20.2%.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Housing, Water, Electricity, Gas and Other Fuels measures the change in prices for a representative basket of household energy and housing-related goods and services in Slovakia.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflation and cost-of-living pressures for Slovak consumers, providing important insights for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through consumer price surveys conducted by the Statistical Office of the Slovak Republic.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to understand domestic price pressures and assess the effectiveness of monetary and fiscal policies in managing inflation.
Q: Are there update delays or limitations?
A: The CPI for Housing, Water, Electricity, Gas and Other Fuels is published monthly by the Statistical Office of the Slovak Republic, with a typical release lag of around 2-3 weeks.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Slovak Republic (SVKCP040000IXOBM), retrieved from FRED.