Harmonized Index of Consumer Prices: Fuels and Lubricants for Personal Transport Equipment for Czech Republic
CP0722CZM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.60
Year-over-Year Change
-8.90%
Date Range
12/1/1999 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Fuels and Lubricants for Personal Transport Equipment in the Czech Republic tracks the prices of automotive fuels and lubricants consumed by households. This metric is a key indicator of transportation costs and energy inflation.
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 consumer price inflation across European Union countries. The Fuels and Lubricants for Personal Transport Equipment component focuses specifically on the prices paid by Czech households for products required to operate personal vehicles, providing insight into a major household expense.
Methodology
The data is collected through a survey of retail prices by the Czech Statistical Office.
Historical Context
This index is used by policymakers and economists to assess energy price dynamics and their impact on consumer budgets and transportation costs.
Key Facts
- The HICP tracks prices paid by Czech households for automotive fuels and lubricants.
- Transportation costs are a major component of household budgets in the Czech Republic.
- This index is used to monitor energy inflation and its impact on consumer spending.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Fuels and Lubricants for Personal Transport Equipment in the Czech Republic measures the prices paid by households for automotive fuels and lubricants.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into transportation costs and energy inflation, which are critical factors for understanding consumer spending patterns and the overall cost of living in the Czech Republic.
Q: How is this data collected or calculated?
A: The data is collected through a survey of retail prices by the Czech Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this index to assess energy price dynamics and their impact on consumer budgets and transportation costs, which informs economic and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a relatively short delay, providing timely information on this important economic indicator.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Fuels and Lubricants for Personal Transport Equipment for Czech Republic (CP0722CZM086NEST), retrieved from FRED.