Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Austria
AUTCPIHICMINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
138.71
Year-over-Year Change
3.31%
Date Range
1/1/1996 - 4/1/2025
Summary
This economic trend measures the Consumer Price Index (CPI) and Harmonized Index of Consumer Prices (HICP) for Austria. These indices are key indicators 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 and HICP track the average change in prices paid by consumers for a basket of goods and services. They are widely used by economists, policymakers, and the public to assess the cost of living and the state of the Austrian economy.
Methodology
The data is collected through surveys of consumer expenditures and retail prices.
Historical Context
Central banks and governments use CPI/HICP data to inform monetary and fiscal policies.
Key Facts
- Austria's CPI and HICP are measured monthly.
- The indices use 2015 as the base year.
- CPI/HICP are important inputs for setting interest rates and adjusting government benefits.
FAQs
Q: What does this economic trend measure?
A: This trend measures the Consumer Price Index (CPI) and Harmonized Index of Consumer Prices (HICP) for Austria, which track the average change in prices paid by consumers for a basket of goods and services.
Q: Why is this trend relevant for users or analysts?
A: The CPI and HICP are key indicators of inflation and consumer purchasing power, used by economists, policymakers, and the public to assess the cost of living and the state of the Austrian economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and retail prices.
Q: How is this trend used in economic policy?
A: Central banks and governments use CPI/HICP data to inform monetary and fiscal policies, such as setting interest rates and adjusting government benefits.
Q: Are there update delays or limitations?
A: The CPI and HICP data for Austria is published monthly with minimal delays.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Austria (AUTCPIHICMINMEI), retrieved from FRED.