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Which sub-components are driving owner-occupied housing costs?

Author

Listed:
  • Gonçalves, Eduardo
  • Arioli, Rodolfo

Abstract

In January 2022, Eurostat began publishing official euro area aggregates as part of its Owner-Occupied Housing Price Index (OOHPI). This box looks at the various sub-components of that index, offering a cross-country perspective and analysing their correlation with other price indicators at euro area level. JEL Classification: C43, E31, E51

Suggested Citation

  • Gonçalves, Eduardo & Arioli, Rodolfo, 2022. "Which sub-components are driving owner-occupied housing costs?," Economic Bulletin Boxes, European Central Bank, vol. 2.
    • Handle: RePEc:ecb:ecbbox:2022:0002:7
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    File URL: https://www.ecb.europa.eu//pub/economic-bulletin/focus/2022/html/ecb.ebbox202202_07~dae1e63844.en.html
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    More about this item

    Keywords

    euro area; inflation; owner-occupied housing costs;
    All these keywords.

    JEL classification:

    • C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers

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