Harmonized Index of Consumer Prices: Electricity for Czech Republic
CP0451CZM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
211.30
Year-over-Year Change
-4.78%
Date Range
12/1/1999 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Electricity for Czech Republic tracks the price changes of electricity for consumers in the Czech Republic. This key economic indicator is closely monitored by policymakers and analysts.
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 Harmonized Index of Consumer Prices (HICP) is a measure of inflation used in the European Union. The Electricity sub-index specifically captures price movements in the electricity market, providing insight into a critical component of household expenditures.
Methodology
The data is collected by the Czech Statistical Office through regular consumer price surveys.
Historical Context
Trends in electricity prices are relevant for economic and energy policy decisions.
Key Facts
- Electricity accounts for about 3% of the HICP basket in the Czech Republic.
- Prices have risen by over 50% in the last decade.
- Electricity is considered an essential household expense.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Electricity for Czech Republic measures the price changes of electricity for consumers in the Czech Republic.
Q: Why is this trend relevant for users or analysts?
A: Trends in electricity prices are important for understanding overall consumer inflation and household expenditures in the Czech Republic.
Q: How is this data collected or calculated?
A: The data is collected by the Czech Statistical Office through regular consumer price surveys.
Q: How is this trend used in economic policy?
A: Electricity price movements are closely monitored by policymakers for their impact on consumer inflation and household budgets, informing energy and economic policies.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a typical 2-week lag.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Electricity for Czech Republic (CP0451CZM086NEST), retrieved from FRED.