Harmonized Index of Consumer Prices: Transport for Czech Republic
CP0700CZM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
135.20
Year-over-Year Change
-1.53%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Transport for Czech Republic measures the changes in prices for transportation goods and services in the Czech Republic. This key economic indicator provides insights into inflationary pressures 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 Transport component specifically tracks price changes for items like fuel, public transportation, and vehicle purchases and maintenance.
Methodology
The Czech Statistical Office collects price data from a sample of retailers and service providers to calculate the HICP-Transport index.
Historical Context
Policymakers and analysts use this index to assess cost-of-living changes and make informed decisions about monetary and fiscal policies.
Key Facts
- The base year for the HICP-Transport index is 2015.
- Transportation accounts for around 15% of the overall HICP basket in the Czech Republic.
- Fuel prices are a major driver of the HICP-Transport index.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Transport for Czech Republic measures changes in the prices of transportation goods and services, including fuel, public transit, and vehicle-related costs.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into inflationary pressures and consumer purchasing power, which are crucial for policymakers and market participants.
Q: How is this data collected or calculated?
A: The Czech Statistical Office collects price data from a sample of retailers and service providers to calculate the HICP-Transport index.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess cost-of-living changes and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The HICP-Transport index is published monthly with a typical delay of 2-3 weeks.
Related Trends
Harmonized Index of Consumer Prices: Out-Patient Services for Czech Republic
CP0620CZM086NEST
National Accounts: GDP by Expenditure: Current Prices: Gross Domestic Product: Total for Czech Republic
CZEGDPNQDSMEI
Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for Czechia
LFEM24MACZA647S
Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 74 Years for Czechia
LRUN74TTCZQ156S
Firms with a Bank Loan or Line of Credit to Total Firms for Czech Republic
DDAI03CZA156NWDB
Infra-Annual Labor Statistics: Employment Male: From 15 to 74 Years for Czechia
LFEM74MACZA647S
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Transport for Czech Republic (CP0700CZM086NEST), retrieved from FRED.