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The current value of the Consumer Price Index (CPI) Housing Utilities in Barbados is 121 Points. The Consumer Price Index (CPI) Housing Utilities in Barbados decreased to 121 Points on 1/1/2024, after it was 122.4 Points on 12/1/2023. From 1/1/2022 to 2/1/2024, the average GDP in Barbados was 111.15 Points. The all-time high was reached on 11/1/2023 with 123.1 Points, while the lowest value was recorded on 2/1/2022 with 103.2 Points.
Consumer Price Index (CPI) Housing Utilities ·
Max
Consumer Price Index for Housing and Utilities | |
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1/1/2022 | 107.5 points |
2/1/2022 | 103.2 points |
3/1/2022 | 104.2 points |
4/1/2022 | 106.3 points |
5/1/2022 | 112 points |
6/1/2022 | 111.9 points |
7/1/2022 | 111.5 points |
8/1/2022 | 110.2 points |
9/1/2022 | 110.6 points |
10/1/2022 | 110.1 points |
11/1/2022 | 109.7 points |
12/1/2022 | 110 points |
1/1/2023 | 108.7 points |
2/1/2023 | 108.3 points |
3/1/2023 | 108.7 points |
4/1/2023 | 108.5 points |
5/1/2023 | 108.8 points |
6/1/2023 | 109.1 points |
7/1/2023 | 108.8 points |
8/1/2023 | 110.5 points |
9/1/2023 | 111.3 points |
10/1/2023 | 111.8 points |
11/1/2023 | 123.1 points |
12/1/2023 | 122.4 points |
1/1/2024 | 121 points |
Consumer Price Index (CPI) Housing Utilities History
Date | Value |
---|---|
1/1/2024 | 121 Points |
12/1/2023 | 122.4 Points |
11/1/2023 | 123.1 Points |
10/1/2023 | 111.8 Points |
9/1/2023 | 111.3 Points |
8/1/2023 | 110.5 Points |
7/1/2023 | 108.8 Points |
6/1/2023 | 109.1 Points |
5/1/2023 | 108.8 Points |
4/1/2023 | 108.5 Points |
Similar Macro Indicators to Consumer Price Index (CPI) Housing Utilities
Name | Current | Previous | Frequency |
---|---|---|---|
🇧🇧 Consumer Price Index (CPI) | 115.4 points | 115 points | Monthly |
🇧🇧 CPI Transport | 121 points | 122.1 points | Monthly |
🇧🇧 Food Inflation | 7.7 % | 8.5 % | Monthly |
🇧🇧 Inflation Rate | 4.2 % | 4.8 % | Monthly |
Macro pages for other countries in America
- 🇦🇷Argentina
- 🇦🇼Aruba
- 🇧🇸Bahamas
- 🇧🇿Belize
- 🇧🇲Bermuda
- 🇧🇴Bolivia
- 🇧🇷Brazil
- 🇨🇦Canada
- 🇰🇾Cayman Islands
- 🇨🇱Chile
- 🇨🇴Colombia
- 🇨🇷Costa Rica
- 🇨🇺Cuba
- 🇩🇴Dominican Republic
- 🇪🇨Ecuador
- 🇸🇻El Salvador
- 🇬🇹Guatemala
- 🇬🇾Guyana
- 🇭🇹Haiti
- 🇭🇳Honduras
- 🇯🇲Jamaica
- 🇲🇽Mexico
- 🇳🇮Nicaragua
- 🇵🇦Panama
- 🇵🇾Paraguay
- 🇵🇪Peru
- 🇵🇷Puerto Rico
- 🇸🇷Suriname
- 🇹🇹Trinidad and Tobago
- 🇺🇸United States
- 🇺🇾Uruguay
- 🇻🇪Venezuela
- 🇦🇬Antigua and Barbuda
- 🇩🇲Dominica
- 🇬🇩Grenada
What is Consumer Price Index (CPI) Housing Utilities?
CPI Housing Utilities, a crucial subcategory within the Consumer Price Index (CPI), serves as a vital economic indicator for monitoring fluctuations in the cost of housing and utilities. As a professional platform dedicated to macroeconomic data visualization, Eulerpool provides comprehensive and updated insights into these fluctuating metrics, enabling economists, market analysts, policymakers, and business professionals to make informed decisions. Housing and utilities form a significant component of the average household's expenditure, influencing consumer behavior, living standards, and overall economic health. By analyzing CPI Housing Utilities, stakeholders can track inflationary trends within the housing market and utility services, which encompass a broad spectrum of expenses such as rental rates, homeownership costs, energy, water, and other essential services. Monitoring the CPI Housing Utilities starts with understanding the underlying intricacies involved in the collection and interpretation of data. The Consumer Price Index, as formulated by national statistical agencies, aggregates price changes across multiple categories, reflecting the cost variations experienced by consumers. The Housing Utilities component, in particular, weighs the changes in costs associated with maintaining a household, thus offering a granular view of economic pressure points. One of the primary elements within CPI Housing Utilities is the cost of renting or owning a home. Rent prices are frequently surveyed as they directly impact a large segment of the population. Increases or decreases in rental prices serve as a barometer for demand and supply dynamics within the housing sector. High rental inflation may indicate housing shortages or heightened demand, while declining rents could signal an oversupply or waning demand due to economic downturns. Homeownership costs, on the other hand, capture the expenses tied to owning a property, such as mortgage payments, property taxes, insurance, and maintenance. These components are crucial for understanding the financial obligations faced by homeowners and their potential impact on disposable incomes and consumption patterns. Fluctuations in interest rates, for instance, can significantly affect mortgage affordability and, by extension, the broader housing market. Utility costs constitute another vital segment of CPI Housing Utilities, encapsulating the price volatility in electricity, gas, water, and other essential services required for daily living. Variations in utility prices are often driven by factors such as energy market conditions, regulatory changes, and seasonal demand shifts. For example, rising electricity prices may be attributed to higher fuel costs, infrastructural investments, or increased regulatory standards for clean energy. Energy costs, a critical subset of utility expenses, play an influential role in CPI Housing Utilities. The volatility in energy markets, driven by global supply chain dynamics, geopolitical tensions, and environmental policies, can prompt significant fluctuations in consumer utility bills. By tracking these changes, stakeholders can anticipate the economic burden on households and devise strategies to mitigate adverse impacts. Water and sewage costs, another fundamental aspect of utility expenses, reflect the investments required to maintain and upgrade infrastructures such as pipelines, treatment plants, and distribution systems. Price adjustments in water services may also stem from regional policies aimed at sustainable resource management or efforts to address climate change-related challenges. Apart from the direct expenses on housing and utilities, secondary effects also permeate the wider economy. Rising costs in these categories can lead to broader inflationary pressures, influencing interest rates, wage demands, and overall economic growth. High housing and utility costs constrain consumer discretionary spending, potentially slowing down economic activities in other sectors such as retail, entertainment, and hospitality. For policymakers, understanding CPI Housing Utilities is essential for formulating effective monetary and fiscal policies. Central banks, for instance, monitor inflation indicators like CPI to adjust interest rates, aiming to stabilize prices and foster economic growth. High inflation in housing and utilities may trigger tighter monetary policies, including interest rate hikes, to temper demand and avert overheating in the economy. Furthermore, social policies related to housing affordability and utility subsidies are often informed by CPI Housing Utilities data. Governments may implement measures to control rent inflation, encourage affordable housing development, or provide financial assistance to low-income households struggling with rising utility costs. These interventions are crucial for ensuring equitable access to essential services and safeguarding the living standards of vulnerable populations. At Eulerpool, we understand the importance of accurate and timely macroeconomic data in driving informed decision-making. Our platform offers comprehensive visualization tools and analytics to help users delve deep into CPI Housing Utilities metrics, uncovering trends, patterns, and insights that guide strategic planning and policy formulation. By leveraging our robust data offerings, users can stay abreast of economic developments and respond proactively to emerging challenges. In conclusion, CPI Housing Utilities is more than just an economic indicator; it is a lens through which we can gauge the financial well-being of households and the broader economic climate. As housing and utility costs continue to evolve, tracking these changes becomes increasingly critical for stakeholders across various sectors. With Eulerpool's expertise in macroeconomic data visualization, users can confidently navigate this complex landscape, armed with the knowledge necessary to make impactful decisions.