Harmonized Index of Consumer Prices: Liquid Fuels for Czech Republic

CP0453CZM086NEST • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

137.40

Year-over-Year Change

-5.50%

Date Range

12/1/1999 - 6/1/2025

Summary

The Harmonized Index of Consumer Prices: Liquid Fuels for Czech Republic tracks changes in the prices of liquid fuels, a key component of household energy expenditures, providing insight into inflationary pressures.

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

This index is part of the Harmonized Index of Consumer Prices (HICP), a standardized measure of inflation used across the European Union. It focuses specifically on the prices of liquid fuels like gasoline, diesel, and heating oil, which are essential for transportation and home heating.

Methodology

The data is collected through surveys of retailers and service providers across the Czech Republic.

Historical Context

Policymakers use this index to assess the impact of liquid fuel prices on overall inflation and consumer purchasing power.

Key Facts

  • The index is published monthly by Eurostat.
  • Liquid fuels account for around 5% of the total Czech HICP basket.
  • Prices rose by 30% in 2022 due to global energy market disruptions.

FAQs

Q: What does this economic trend measure?

A: The Harmonized Index of Consumer Prices: Liquid Fuels for Czech Republic measures the changes in prices of liquid fuels, such as gasoline, diesel, and heating oil, paid by Czech consumers.

Q: Why is this trend relevant for users or analysts?

A: This index provides important insights into inflationary pressures faced by Czech households, as liquid fuel costs are a significant component of their overall expenditures.

Q: How is this data collected or calculated?

A: The data is collected through surveys of retailers and service providers across the Czech Republic by the Czech Statistical Office.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this index to assess the impact of liquid fuel prices on overall inflation and consumer purchasing power, informing monetary and fiscal policy decisions.

Q: Are there update delays or limitations?

A: The index is published monthly by Eurostat, with a typical release lag of around 2-3 weeks.

Related Trends

Citation

U.S. Federal Reserve, Harmonized Index of Consumer Prices: Liquid Fuels for Czech Republic (CP0453CZM086NEST), retrieved from FRED.