Harmonized Index of Consumer Prices: Electricity, Gas and Other Fuels for Czech Republic
CP0450CZM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
198.40
Year-over-Year Change
-3.41%
Date Range
12/1/1999 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Electricity, Gas and Other Fuels in the Czech Republic measures the price changes of these essential household utilities over time.
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 is a key economic indicator used to track and compare inflation rates across European Union countries. The Electricity, Gas and Other Fuels component specifically reflects the changing costs of powering and heating homes, which impacts household budgets and consumer spending.
Methodology
The data is collected through surveys of consumer prices and calculated using a standardized methodology across the EU.
Historical Context
Policymakers and economists monitor this HICP component to assess the state of the Czech energy market and its effect on the broader economy.
Key Facts
- HICP tracks price changes of a fixed basket of consumer goods and services.
- Energy costs are a significant portion of household budgets in the Czech Republic.
- Rising utility prices can contribute to higher overall inflation.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Electricity, Gas and Other Fuels in the Czech Republic measures the changes in prices of these essential household utilities over time.
Q: Why is this trend relevant for users or analysts?
A: This HICP component is important for understanding the impact of energy costs on household budgets and overall inflation in the Czech economy.
Q: How is this data collected or calculated?
A: The data is collected through consumer price surveys and calculated using a standardized methodology across the European Union.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this HICP component to assess the state of the Czech energy market and its effect on the broader economy.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Electricity, Gas and Other Fuels for Czech Republic (CP0450CZM086NEST), retrieved from FRED.