Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Austria
AUTCPIENGMINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
163.62
Year-over-Year Change
2.21%
Date Range
1/1/1966 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Energy in Austria measures the changes in the prices of household energy commodities and services. It is a key indicator of inflation and a crucial factor in the formulation of monetary and fiscal policies.
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 Energy in Austria is a subcomponent of the overall Consumer Price Index, which tracks the average change in prices paid by consumers for a basket of goods and services. The Energy CPI specifically focuses on the prices of fuels, electricity, and other household energy sources, providing insights into the cost of living and energy affordability.
Methodology
The data is collected through a nationwide survey of consumer prices conducted by Statistics Austria.
Historical Context
The CPI for Energy is used by policymakers, central banks, and market analysts to assess inflationary pressures and make informed decisions about economic policies.
Key Facts
- The CPI for Energy in Austria has a base year of 2015.
- Energy accounts for approximately 10% of the overall CPI basket in Austria.
- Volatile energy prices can significantly impact the overall CPI and consumer purchasing power.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Energy in Austria measures the changes in the prices of household energy commodities and services, including fuels, electricity, and other energy sources.
Q: Why is this trend relevant for users or analysts?
A: The CPI for Energy is a crucial indicator of inflation and cost of living, providing insights into the affordability of household energy and the overall economic well-being of consumers.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer prices conducted by Statistics Austria.
Q: How is this trend used in economic policy?
A: The CPI for Energy is used by policymakers, central banks, and market analysts to assess inflationary pressures and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The CPI for Energy in Austria is published monthly with a relatively short delay, allowing for timely analysis of energy price trends.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Austria (AUTCPIENGMINMEI), retrieved from FRED.