Harmonized Index of Consumer Prices: Fuels and Lubricants for Personal Transport Equipment for Germany
CP0722DEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
129.10
Year-over-Year Change
-4.58%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Fuels and Lubricants for Personal Transport Equipment in Germany measures the price changes of fuels and lubricants used by German consumers for personal transportation. This metric is a key indicator of inflationary pressures in the German economy.
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 for Fuels and Lubricants for Personal Transport Equipment in Germany is part of the broader HICP, which is a harmonized measure of inflation across European Union countries. This specific index tracks the costs faced by German consumers for fuel, oil, and other transportation-related consumables, providing insight into a crucial component of household spending.
Methodology
This data is collected through surveys of consumer prices by the German Federal Statistical Office.
Historical Context
Policymakers and economists closely monitor this HICP index to assess the impact of energy and transportation costs on German inflation and consumer behavior.
Key Facts
- The HICP for Fuels and Lubricants in Germany has a base year of 2015.
- This index accounts for approximately 4% of the total German HICP basket.
- Prices in this index can be influenced by global oil market dynamics and government fuel taxes.
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 Germany measures the price changes of fuels and lubricants used by German consumers for personal transportation.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into a crucial component of household spending and inflationary pressures in the German economy, making it a key indicator for policymakers and economists.
Q: How is this data collected or calculated?
A: This data is collected through surveys of consumer prices by the German Federal Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this HICP index to assess the impact of energy and transportation costs on German inflation and consumer behavior.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a typical lag of around 2-3 weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Fuels and Lubricants for Personal Transport Equipment for Germany (CP0722DEM086NEST), retrieved from FRED.