Harmonized Index of Consumer Prices: Liquid Fuels for Estonia
CP0453EEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
144.76
Year-over-Year Change
-6.34%
Date Range
12/1/2008 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Liquid Fuels for Estonia measures the price changes of liquid fuels, a key component of the cost of living, in Estonia.
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 set of European Union consumer price indices that allow cross-country comparisons of inflation. The Liquid Fuels index specifically tracks the prices paid by Estonian consumers for products like gasoline, diesel, and heating oil.
Methodology
The data is collected through surveys of Estonian retailers and households.
Historical Context
The HICP data is used by policymakers and analysts to monitor inflation and make informed economic decisions.
Key Facts
- Estonia is a member of the European Union.
- Liquid fuels account for a significant portion of household budgets.
- The HICP is a key economic indicator for the EU.
FAQs
Q: What does this economic trend measure?
A: This trend measures the changes in prices paid by Estonian consumers for liquid fuels like gasoline, diesel, and heating oil.
Q: Why is this trend relevant for users or analysts?
A: The Liquid Fuels index is an important component of the broader Harmonized Index of Consumer Prices, which is used to track and compare inflation across the European Union.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Estonian retailers and households.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the HICP data, including the Liquid Fuels index, to monitor inflation and make informed economic decisions.
Q: Are there update delays or limitations?
A: The HICP data is published on a regular schedule, but there may be some delays in reporting due to the survey-based methodology.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Liquid Fuels for Estonia (CP0453EEM086NEST), retrieved from FRED.