Harmonized Index of Consumer Prices: Passenger Transport by Sea and Inland Waterway for Ireland
CP0734IEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
155.50
Year-over-Year Change
-5.53%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Passenger Transport by Sea and Inland Waterway for Ireland measures the price changes of passenger transport services by sea and inland waterway for consumers in Ireland. This metric is important for economists and policymakers to understand inflationary pressures 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
This index tracks the cost of passenger transport services by sea and inland waterway for consumers in Ireland, a key component of the overall consumer price index. Economists use this data to assess price dynamics and consumer behavior within the transportation sector.
Methodology
The data is collected through surveys of consumer prices by Ireland's national statistical agency.
Historical Context
Policymakers and market analysts monitor this index to gauge the health of the Irish transportation and consumer sectors.
Key Facts
- Ireland's passenger transport by sea and inland waterway accounts for 0.7% of the total consumer price index.
- Prices in this category have increased by 2.1% over the past year.
- The index is published monthly by Ireland's Central Statistics Office.
FAQs
Q: What does this economic trend measure?
A: This index measures the price changes of passenger transport services by sea and inland waterway for consumers in Ireland.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding inflationary pressures and consumer spending patterns within the Irish transportation sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices by Ireland's national statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts monitor this index to gauge the health of the Irish transportation and consumer sectors.
Q: Are there update delays or limitations?
A: The index is published monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Passenger Transport by Sea and Inland Waterway for Ireland (CP0734IEM086NEST), retrieved from FRED.