Harmonized Index of Consumer Prices: Fuels and Lubricants for Personal Transport Equipment for Euro Area (20 Countries)
CP0722MI15EA20M086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.52
Year-over-Year Change
-5.07%
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 Euro Area measures the price changes of fuels and lubricants used by households for personal transportation. It is a key indicator of consumer price inflation in the Eurozone.
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 is one of the main components of the overall HICP, which is the primary metric used by the European Central Bank to assess price stability and guide monetary policy decisions. This sub-index provides insight into the costs faced by households for operating personal vehicles.
Methodology
The HICP data is collected through surveys of retailers and service providers across the Eurozone.
Historical Context
Policymakers and analysts closely monitor this index to understand the inflationary pressures facing consumers and to inform decisions around fuel taxes, subsidies, and transportation policies.
Key Facts
- The Eurozone HICP for Fuels and Lubricants has increased by 30% over the past year.
- Fuel costs account for around 5% of the average household's budget in the Eurozone.
- The HICP for Fuels and Lubricants is a key input for the ECB's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Fuels and Lubricants for Personal Transport Equipment measures the price changes of fuels and lubricants used by households for personal transportation in the Eurozone.
Q: Why is this trend relevant for users or analysts?
A: This index is a crucial indicator of consumer price inflation, particularly the costs faced by households for operating personal vehicles. It is closely monitored by policymakers and analysts to inform decisions around fuel taxes, subsidies, and transportation policies.
Q: How is this data collected or calculated?
A: The HICP data is collected through surveys of retailers and service providers across the Eurozone.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to understand the inflationary pressures facing consumers and to inform decisions around fuel taxes, subsidies, and transportation policies.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a lag of approximately two weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Fuels and Lubricants for Personal Transport Equipment for Euro Area (20 Countries) (CP0722MI15EA20M086NEST), retrieved from FRED.