FRED Economic Data | St. Louis Fed

Harmonized Index of Consumer Prices: Actual Rentals for Housing for Latvia© (CP0410LVM086NEST)


Source(s): Eurostat
Release: Harmonized Indices of Consumer Prices (HICP) (Not a Press Release)  

Description of growth rate formulas  
 
to  
 
Seasonal
Adjustment:
Not Seasonally Adjusted 
Notes: The Harmonized Index of Consumer Prices category "Actual Rentals for Housing (04.1)" is a classification of services that includes rent actually paid by tenants or subtenants occupying unfurnished or furnished premises as their main residence; rents actually paid for secondary residences; and payments by households occupying a room in a hotel or boarding house as their main residence. Rentals are all rentals actually paid by tenants, i.e. the rentals the tenant pays to the landlord regardless of any social benefits the tenant receives from public authorities (including payments which at the tenant's discretion go directly to the landlord). Rentals normally include payment for the use of the land on which the property stands, the dwelling occupied, the fixtures and fittings for heating, plumbing, lighting, etc., and, in the case of a dwelling let furnished, the furniture.

Rentals also include payment for the use of a garage to provide parking in connection with the dwelling. The garage does not have to be physically contiguous to the dwelling; nor does it have to be leased from the same landlord.

This category excludes accommodation services of educational establishments and hostels (11.2.0), of holiday villages and holiday centers (11.2.0), and of retirement homes for elderly persons (12.4.0). Rentals also do not include payment for the use of garages or parking spaces not providing parking in connection with the dwelling (07.2.4). Nor do they include charges for water supply (04.4.1), refuse collection (04.4.2), and sewerage collection (04.4.3); co-proprietor charges for caretaking, gardening, stairwell cleaning, heating and lighting, maintenance of lifts and refuse disposal chutes, etc. in multi-occupied buildings (04.4.4); charges for electricity (04.5.1) and gas (04.5.2); and charges for heating and hot water supplied by district heating plants (04.5.5).

This is a subcategory of Housing, Water, Electricity, Gas, and Other Fuels (04) category.

Information provided in the notes pertaining to HICP classifications can be found from the source at: http://ec.europa.eu/eurostat/ramon/nomenclatures/index.cfm?TargetUrl=ACT_OTH_CLS_DLD&StrNom=HICP_2000&StrFormat=HTML&StrLanguageCode=EN&IntKey=22470387.

Copyright, European Union, 1995-2014, http://epp.eurostat.ec.europa.eu/portal/page/portal/about_eurostat/policies/copyright_licence_policy
Updated: 2014-07-17 5:14 PM CDT 

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