Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Maintenance and Repair of the Dwelling for Slovak Republic
SVKCP040300GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.68
Year-over-Year Change
-23.22%
Date Range
1/1/1996 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Maintenance and Repair of the Dwelling measures changes in the cost of home maintenance and repair services in Slovakia. This metric is a key indicator of inflation and consumer spending 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 Maintenance and Repair of the Dwelling CPI tracks the prices paid by consumers for a basket of common home maintenance and repair services, such as plumbing, electrical work, and other home improvement activities. This index is used by economists and policymakers to assess inflationary pressures and consumer behavior within the housing market.
Methodology
The Slovak Statistical Office collects price data from a sample of service providers to calculate this monthly CPI measure.
Historical Context
The Maintenance and Repair of the Dwelling CPI is an important input for monetary policy decisions and economic forecasting.
Key Facts
- The CPI for Maintenance and Repair of the Dwelling has a base year of 2015.
- This index is part of the Harmonized Index of Consumer Prices (HICP) framework used across the European Union.
- Changes in the Maintenance and Repair CPI can indicate overall inflationary pressures in the Slovak housing market.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Maintenance and Repair of the Dwelling measures changes in the cost of home maintenance and repair services in Slovakia.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of inflation and consumer spending in the housing sector, providing valuable insights for economists and policymakers.
Q: How is this data collected or calculated?
A: The Slovak Statistical Office collects price data from a sample of service providers to calculate this monthly CPI measure.
Q: How is this trend used in economic policy?
A: The Maintenance and Repair of the Dwelling CPI is an important input for monetary policy decisions and economic forecasting in Slovakia.
Q: Are there update delays or limitations?
A: The Maintenance and Repair CPI is published monthly with minimal delays, providing timely data for analysis.
Related Trends
Consumer Price Index: OECD Groups: Services Less Housing: Total for Slovak Republic
SVKCPGRLH01GPM
Central government debt, total (% of GDP) for the Slovak Republic
DEBTTLSKA188A
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Slovak Republic
SVKCP120000GYQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Slovak Republic
SVKCP050000GYM
International Merchandise Trade Statistics: Exports: Commodities for Slovak Republic
XTEXVA01SKA664N
National Accounts: GDP by Expenditure: Current Prices: Changes in Inventories and Net Acquisition of Valuables for Slovak Republic
SVKCINSADSMEI
Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Maintenance and Repair of the Dwelling for Slovak Republic (SVKCP040300GYM), retrieved from FRED.