Harmonized Index of Consumer Prices: Overall Index Excluding Liquid Fuels and Lubricants for Personal Transport Equipment for Slovakia
00XFUESKM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
150.32
Year-over-Year Change
4.86%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) Excluding Liquid Fuels and Lubricants for Personal Transport Equipment measures inflation in Slovakia, excluding volatile energy costs. It is a key economic indicator used by policymakers to assess price stability.
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 HICP Excluding Liquid Fuels and Lubricants for Personal Transport Equipment is a subindex of the overall HICP that removes the impact of fluctuating fuel and lubricant prices. This provides a more stable measure of underlying inflationary pressures in the Slovak economy.
Methodology
The data is collected through a survey of consumer prices across a representative basket of goods and services.
Historical Context
The HICP ex-energy is closely monitored by the European Central Bank in its assessment of price stability and monetary policy decisions.
Key Facts
- The HICP ex-energy index uses a base year of 2015 = 100.
- Slovakia joined the Eurozone in 2009 and uses the Euro as its currency.
- The European Central Bank targets an HICP inflation rate of close to, but below, 2% over the medium term.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) Excluding Liquid Fuels and Lubricants for Personal Transport Equipment measures inflation in Slovakia, excluding volatile energy costs.
Q: Why is this trend relevant for users or analysts?
A: This trend provides a more stable measure of underlying inflationary pressures in the Slovak economy, which is closely monitored by the European Central Bank for monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through a survey of consumer prices across a representative basket of goods and services.
Q: How is this trend used in economic policy?
A: The HICP ex-energy index is closely monitored by the European Central Bank in its assessment of price stability and monetary policy decisions for the Eurozone.
Q: Are there update delays or limitations?
A: The data is published monthly by Eurostat with a typical lag of around 2 months.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Overall Index Excluding Liquid Fuels and Lubricants for Personal Transport Equipment for Slovakia (00XFUESKM086NEST), retrieved from FRED.