Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Imputed Rentals for Housing: Total for Slovak Republic
SVKCP040200GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.86
Year-over-Year Change
-304.44%
Date Range
4/1/1997 - 7/1/2023
Summary
The Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Imputed Rentals for Housing: Total for Slovak Republic measures changes in the cost of imputed rentals for housing for Slovak residents. This metric is a key indicator of 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
This index tracks the theoretical cost of owner-occupied housing, which is an important component of overall consumer prices. It is used by policymakers and economists to understand housing-related inflationary pressures in the Slovak economy.
Methodology
The data is collected through household surveys and statistical modeling by the Slovak Statistical Office.
Historical Context
This housing cost index informs monetary policy decisions by the National Bank of Slovakia.
Key Facts
- The index has a base year of 2015.
- Housing accounts for over 20% of the total consumer price index in Slovakia.
- Imputed rentals make up the largest component of the housing index.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the theoretical cost of owner-occupied housing for consumers in Slovakia.
Q: Why is this trend relevant for users or analysts?
A: The imputed rental index is a key component of overall consumer prices and provides insight into housing-related inflationary pressures in the Slovak economy.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and statistical modeling by the Slovak Statistical Office.
Q: How is this trend used in economic policy?
A: This housing cost index informs monetary policy decisions by the National Bank of Slovakia.
Q: Are there update delays or limitations?
A: The index is published quarterly with a short delay.
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Citation
U.S. Federal Reserve, Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Imputed Rentals for Housing: Total for Slovak Republic (SVKCP040200GPQ), retrieved from FRED.