Harmonized Index of Consumer Prices: Transport Services for Austria
CP0730ATM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
117.22
Year-over-Year Change
0.06%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Transport Services in Austria measures the price changes of transportation services consumed by Austrian households. This metric is a key indicator of domestic inflation and consumer spending trends.
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 Transport Services in Austria is a subindex of the broader HICP, which tracks the prices of a representative basket of consumer goods and services across European Union member states. Transport services include categories like public transportation, fuel, and vehicle maintenance.
Methodology
The Austrian statistical agency collects price data from a sample of businesses and service providers to calculate the HICP on a monthly basis.
Historical Context
Economists and policymakers monitor the HICP to assess the health of the Austrian economy and inform monetary and fiscal policies.
Key Facts
- The HICP for Transport Services has a weight of 13.5% in the overall Austrian HICP basket.
- Transport services prices rose by 2.8% in Austria over the past 12 months.
- Fuel and vehicle maintenance are the largest components of the Transport Services HICP subindex.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Transport Services in Austria measures the price changes of transportation services consumed by Austrian households.
Q: Why is this trend relevant for users or analysts?
A: The HICP for Transport Services is a key indicator of domestic inflation and consumer spending trends in Austria, providing insights for economists and policymakers.
Q: How is this data collected or calculated?
A: The Austrian statistical agency collects price data from a sample of businesses and service providers to calculate the HICP on a monthly basis.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor the HICP to assess the health of the Austrian economy and inform monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The HICP for Transport Services in Austria is published monthly with a typical release lag of 2-3 weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Transport Services for Austria (CP0730ATM086NEST), retrieved from FRED.