Harmonized Index of Consumer Prices: Gas for Hungary
CP0452HUM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
147.90
Year-over-Year Change
7.45%
Date Range
12/1/2000 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices: Gas for Hungary measures the changes in the price of gas for Hungarian consumers. This metric 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 Harmonized Index of Consumer Prices (HICP) is a standardized measure of inflation used across the European Union. The gas component specifically tracks price changes for automotive and household fuels in Hungary.
Methodology
The HICP data is collected monthly through consumer surveys and other sources by the Hungarian Central Statistical Office.
Historical Context
The gas HICP is used by policymakers and economists to assess cost-of-living trends and inform macroeconomic decisions.
Key Facts
- The base year for the Hungarian HICP is 2015 = 100.
- Gas accounts for approximately 4% of the total Hungarian HICP basket.
- HICP data is released monthly, around 16 days after the end of each reference period.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Gas for Hungary measures the changes in the price of automotive and household fuels paid by Hungarian consumers.
Q: Why is this trend relevant for users or analysts?
A: The gas HICP is a key indicator of inflation and consumer purchasing power in Hungary, used by policymakers and economists to assess cost-of-living trends.
Q: How is this data collected or calculated?
A: The HICP data is collected monthly through consumer surveys and other sources by the Hungarian Central Statistical Office.
Q: How is this trend used in economic policy?
A: The gas HICP is used by the European Central Bank and Hungarian authorities to monitor inflation and inform macroeconomic decisions.
Q: Are there update delays or limitations?
A: HICP data is released monthly, around 16 days after the end of each reference period.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Gas for Hungary (CP0452HUM086NEST), retrieved from FRED.