Harmonized Index of Consumer Prices: Solid Fuels for Czech Republic
CP0454CZM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
199.30
Year-over-Year Change
1.32%
Date Range
12/1/1999 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Solid Fuels in the Czech Republic measures the monthly change in prices paid by consumers for solid fuels, which are an important component of household energy expenditures.
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 is a standardized measure of inflation used across the European Union to track changes in the general price level of consumer goods and services. The Solid Fuels category within the HICP captures price movements for fuels like coal, coke, and other solid combustible materials.
Methodology
The data is collected through a nationwide survey of prices paid by Czech consumers.
Historical Context
This index is a key input for policymakers at the Czech National Bank and the European Central Bank in setting monetary policy.
Key Facts
- Solid fuels account for about 2% of the Czech consumer price index basket.
- Prices have risen by an average of 3.5% per year over the past decade.
- Solid fuel costs have a larger impact on lower-income Czech households.
FAQs
Q: What does this economic trend measure?
A: This index measures the monthly change in prices paid by Czech consumers for solid fuels like coal and coke, which are an important household energy source.
Q: Why is this trend relevant for users or analysts?
A: The HICP Solid Fuels index provides insight into a key component of consumer inflation in the Czech Republic, which is closely monitored by policymakers and markets.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of prices paid by Czech consumers for various solid fuel products.
Q: How is this trend used in economic policy?
A: The Solid Fuels HICP is used by the Czech National Bank and European Central Bank as an input for setting monetary policy to achieve their inflation targets.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Solid Fuels for Czech Republic (CP0454CZM086NEST), retrieved from FRED.