Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Maintenance and Repair of the Dwelling for Slovak Republic
SVKCPHP0403IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
182.93
Year-over-Year Change
4.92%
Date Range
1/1/1996 - 3/1/2025
Summary
This economic indicator measures changes in the price index for consumer maintenance and repair of the dwelling in Slovakia. It is a key metric for assessing housing-related inflation and consumer spending patterns.
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 Consumer Price Index for Maintenance and Repair of the Dwelling in Slovakia is part of the Harmonized Index of Consumer Prices (HICP) system, which provides comparable inflation data across European Union countries. This specific index tracks the costs consumers pay for maintaining and repairing their homes.
Methodology
The data is collected through a survey of households and businesses, and calculated using a weighted average of price changes for relevant goods and services.
Historical Context
Policymakers and analysts use this index to understand housing-related inflation and its impact on consumer budgets and the broader economy.
Key Facts
- The index is part of the Harmonized Index of Consumer Prices (HICP) for the European Union.
- It covers a basket of household maintenance and repair goods and services.
- The index is a key indicator of housing-related inflation in Slovakia.
FAQs
Q: What does this economic trend measure?
A: This indicator measures changes in the prices consumers pay for maintaining and repairing their homes in Slovakia.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into housing-related inflation and consumer spending patterns, which are crucial for economic policymaking and market analysis.
Q: How is this data collected or calculated?
A: The data is collected through a survey of households and businesses, and calculated using a weighted average of price changes for relevant goods and services.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to understand housing-related inflation and its impact on consumer budgets and the broader economy.
Q: Are there update delays or limitations?
A: The index is updated regularly as part of the HICP system, but there may be some delays in data availability or geographic coverage limitations.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Maintenance and Repair of the Dwelling for Slovak Republic (SVKCPHP0403IXOBM), retrieved from FRED.