Harmonized Index of Consumer Prices: Gas for Euro Area (EA11-1999, EA12-2001, EA13-2007, EA15-2008, EA16-2009, EA17-2011, EA18-2014, EA19-2015, EA20-2023)
CP0452EZCCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
159.46
Year-over-Year Change
1.00%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Gas in the Euro Area measures the monthly change in the price of gasoline and other automotive fuels. It 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 HICP for Gas tracks the price of fuels and lubricants for personal transportation equipment, including gasoline, diesel, and other automotive fuels. This is an important metric for economists and policymakers to monitor the impact of energy costs on the broader economy.
Methodology
The data is collected through a harmonized survey of consumer prices across the Euro Area member states.
Historical Context
Central banks and governments use the HICP to guide monetary and fiscal policies aimed at price stability and economic growth.
Key Facts
- The Euro Area adopted the HICP as its main inflation measure in 1997.
- Transportation fuels account for about 6% of the total HICP basket.
- HICP data is released monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: The HICP for Gas measures the monthly change in the price of gasoline, diesel, and other automotive fuels across the Euro Area.
Q: Why is this trend relevant for users or analysts?
A: The HICP for Gas is a critical indicator of consumer inflation and purchasing power, which are important for economic policymaking and market analysis.
Q: How is this data collected or calculated?
A: The data is collected through a harmonized survey of consumer prices across the Euro Area member states.
Q: How is this trend used in economic policy?
A: Central banks and governments use the HICP to guide monetary and fiscal policies aimed at price stability and economic growth.
Q: Are there update delays or limitations?
A: HICP data is released monthly by Eurostat with minimal delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Gas for Euro Area (EA11-1999, EA12-2001, EA13-2007, EA15-2008, EA16-2009, EA17-2011, EA18-2014, EA19-2015, EA20-2023) (CP0452EZCCM086NEST), retrieved from FRED.