Harmonized Index of Consumer Prices: Gas for Romania
CP0452ROM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
183.71
Year-over-Year Change
-1.84%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Gas for Romania measures the monthly changes in the retail price of gasoline in Romania. This metric is a key indicator of inflation and consumer purchasing power in the country.
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 Harmonized Index of Consumer Prices (HICP) is a standardized measure of inflation across European Union member states. The Gas for Romania series tracks price changes for one specific consumer good, providing insight into energy costs and the overall cost of living.
Methodology
The data is collected through surveys of retail establishments by the Romanian National Institute of Statistics.
Historical Context
Policymakers and analysts use this metric to assess the state of the Romanian economy and consumer markets.
Key Facts
- Romania joined the European Union in 2007.
- Transportation accounts for over 10% of the HICP basket in Romania.
- Gasoline prices have risen over 50% in Romania since 2015.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Gas for Romania tracks the monthly changes in retail gasoline prices in the country.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into energy costs, a key component of inflation and consumer purchasing power in Romania.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments by the Romanian National Institute of Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this HICP metric to assess the state of the Romanian economy and consumer markets.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Gas for Romania (CP0452ROM086NEST), retrieved from FRED.