Harmonized Index of Consumer Prices: Passenger Transport by Railway for Romania
CP0731ROM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
137.82
Year-over-Year Change
13.26%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Passenger Transport by Railway for Romania measures the price changes over time for rail passenger transport services in Romania. This trend is an important indicator of inflation and consumer spending patterns in the country.
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 Harmonized Index of Consumer Prices (HICP) tracks the prices of a basket of consumer goods and services across the European Union. The rail passenger transport component reflects the costs faced by Romanian consumers for rail travel, providing insight into a key component of household budgets.
Methodology
The data is collected through surveys of prices paid by consumers for rail tickets and passes.
Historical Context
Policymakers and analysts use this HICP sub-index to assess inflationary pressures and consumer behavior in Romania's transportation sector.
Key Facts
- The HICP is harmonized across EU member states for better comparability.
- Rail transport accounts for a significant portion of household budgets in Romania.
- This sub-index is a component of the overall Romanian HICP.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Passenger Transport by Railway for Romania measures the price changes over time for rail passenger transport services in the country.
Q: Why is this trend relevant for users or analysts?
A: This HICP sub-index provides insight into inflationary pressures and consumer spending patterns in Romania's transportation sector, which is a key component of household budgets.
Q: How is this data collected or calculated?
A: The data is collected through surveys of prices paid by consumers for rail tickets and passes.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this HICP sub-index to assess inflationary pressures and consumer behavior in Romania's transportation sector.
Q: Are there update delays or limitations?
A: The data is published regularly by Eurostat, with typical update lags of a few months.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Passenger Transport by Railway for Romania (CP0731ROM086NEST), retrieved from FRED.