Harmonized Index of Consumer Prices: Solid Fuels for Luxembourg
CP0454LUM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
149.15
Year-over-Year Change
6.27%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices: Solid Fuels for Luxembourg tracks the prices of solid fuels, such as coal and wood, consumed by households in Luxembourg. This index is a critical economic indicator for understanding energy costs and inflation 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
The Harmonized Index of Consumer Prices (HICP) is a standardized metric used across the European Union to measure changes in the prices of consumer goods and services. The Solid Fuels index specifically focuses on the prices of solid heating fuels, providing insights into a key component of household expenditures.
Methodology
The data is collected through surveys of retailers and service providers in Luxembourg.
Historical Context
This index is used by policymakers, central banks, and economic analysts to assess energy-related inflation and cost-of-living dynamics.
Key Facts
- Luxembourg's HICP for Solid Fuels has a base year of 2015.
- Solid fuels account for a small but important share of household expenditures in Luxembourg.
- This index is released monthly by the European Union's statistical agency, Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Solid Fuels for Luxembourg measures the changes in prices of solid heating fuels, such as coal and wood, consumed by households in Luxembourg.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into a key component of household energy expenditures and inflation pressures in Luxembourg, which is crucial information for policymakers, central banks, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers and service providers in Luxembourg by the European Union's statistical agency, Eurostat.
Q: How is this trend used in economic policy?
A: Policymakers, central banks, and economic analysts use this index to assess energy-related inflation and cost-of-living dynamics, which informs decisions on monetary policy and other economic interventions.
Q: Are there update delays or limitations?
A: The Harmonized Index of Consumer Prices: Solid Fuels for Luxembourg is released monthly by Eurostat, with no known significant update delays or limitations.
Related Trends
National Accounts: GDP by Expenditure: Current Prices: Less: Imports of Goods and Services for Luxembourg
LUXIMPORTQDSMEI
Harmonized Index of Consumer Prices: Energy and Seasonal Food for Luxembourg
ENRGYSLUM086NEST
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Fuels and Lubricants for Personal Transport Equipment for Luxembourg
LUXCPHP0702GYM
Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Maintenance and Repairs of the Dwellings: Total for Luxembourg
LUXCP040300GPM
Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 64 Years for Luxembourg
LRUN64TTLUQ156S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Luxembourg
LUXCP100000GYM
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Solid Fuels for Luxembourg (CP0454LUM086NEST), retrieved from FRED.