Harmonized Index of Consumer Prices: Transport Services for Germany
CP0730DEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
117.10
Year-over-Year Change
3.26%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Transport Services in Germany measures the inflation rate of transportation-related goods and services for German consumers. This key economic indicator helps policymakers and analysts assess overall price changes 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 HICP is a harmonized statistical measure of consumer price inflation used across the European Union. The Transport Services component tracks price changes for items like fuel, public transportation, and vehicle maintenance, providing insight into a major area of household spending.
Methodology
The German statistics agency collects price data from a representative sample of consumers and businesses to calculate the HICP.
Historical Context
Central banks and governments use HICP data to monitor inflation and inform economic policy decisions.
Key Facts
- The HICP measures consumer price inflation across the European Union.
- Transport Services account for about 15% of the German consumer price index.
- The base year for the HICP is 2015.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Transport Services in Germany measures the inflation rate of transportation-related goods and services for German consumers.
Q: Why is this trend relevant for users or analysts?
A: HICP data provides key insights into consumer purchasing power and overall price changes, which are important for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The German statistics agency collects price data from a representative sample of consumers and businesses to calculate the HICP.
Q: How is this trend used in economic policy?
A: Central banks and governments use HICP data to monitor inflation and inform economic policy decisions, such as interest rate adjustments and fiscal measures.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a typical 2-3 week delay.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Transport Services for Germany (CP0730DEM086NEST), retrieved from FRED.