Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Electricity, Gas and Other Fuels for Austria

AUTCP040500GYM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

8.30

Year-over-Year Change

-444.88%

Date Range

1/1/1998 - 3/1/2025

Summary

The Consumer Price Index (CPI) for Electricity, Gas and Other Fuels in Austria measures changes in the cost of these essential household utilities. This metric is a key indicator of inflation and consumer purchasing power.

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 CPI for Electricity, Gas and Other Fuels in Austria is a subcomponent of the broader Consumer Price Index, which tracks price changes for a representative basket of consumer goods and services. This utility-focused index is used by economists and policymakers to assess the impact of energy costs on households.

Methodology

The data is collected through surveys of consumer expenditures and prices charged by utility providers.

Historical Context

This CPI subindex helps inform monetary and fiscal policies aimed at managing overall inflation and cost-of-living pressures.

Key Facts

  • Austria's CPI for Electricity, Gas and Other Fuels rose 12.3% year-over-year in January 2023.
  • Utility costs account for approximately 4% of the average Austrian household's expenditures.
  • This CPI index is published monthly by the Austrian statistical agency, Statistik Austria.

FAQs

Q: What does this economic trend measure?

A: The Consumer Price Index (CPI) for Electricity, Gas and Other Fuels in Austria measures changes in the cost of these essential household utilities.

Q: Why is this trend relevant for users or analysts?

A: This CPI subindex is a key indicator of inflation and consumer purchasing power, helping inform monetary and fiscal policies aimed at managing overall cost-of-living pressures.

Q: How is this data collected or calculated?

A: The data is collected through surveys of consumer expenditures and prices charged by utility providers.

Q: How is this trend used in economic policy?

A: This CPI subindex helps policymakers and economists assess the impact of energy costs on households and inform policies to manage inflation.

Q: Are there update delays or limitations?

A: The CPI for Electricity, Gas and Other Fuels in Austria is published monthly with no significant update delays.

Related Trends

Citation

U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Electricity, Gas and Other Fuels for Austria (AUTCP040500GYM), retrieved from FRED.