Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Argentina
ARGCP070000GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
62.03
Year-over-Year Change
11.51%
Date Range
1/1/2018 - 1/1/2025
Summary
The Consumer Price Index (CPI) for Transport in Argentina measures the price changes of goods and services related to transportation, which is a key component of consumer spending.
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 CPI subindex tracks the cost of private transportation, public transportation, fuel, and other vehicle-related expenditures for Argentine households. It is a critical economic indicator used to monitor inflation and assess the cost of living.
Methodology
The Argentine national statistics agency, INDEC, collects price data from a representative sample of businesses and consumers to calculate this seasonally-adjusted index.
Historical Context
Policymakers and analysts use the Transport CPI to understand inflationary pressures and make informed decisions about economic and monetary policies.
Key Facts
- Argentina's Transport CPI has a base year of 2018.
- Transportation accounts for around 15% of the average Argentine household's expenditures.
- This index is published monthly by INDEC.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Transport in Argentina measures the price changes of goods and services related to transportation, including private and public transportation, fuel, and vehicle expenses.
Q: Why is this trend relevant for users or analysts?
A: The Transport CPI is a critical indicator for monitoring inflation and the cost of living in Argentina, as transportation is a significant component of household spending.
Q: How is this data collected or calculated?
A: The Argentine national statistics agency, INDEC, collects price data from a representative sample of businesses and consumers to calculate this seasonally-adjusted index.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the Transport CPI to understand inflationary pressures and make informed decisions about economic and monetary policies in Argentina.
Q: Are there update delays or limitations?
A: The Transport CPI is published monthly by INDEC with no significant update delays.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Argentina (ARGCP070000GYQ), retrieved from FRED.