Harmonized Index of Consumer Prices: Passenger Transport by Road for Estonia
CP0732EEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
128.98
Year-over-Year Change
1.74%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Passenger Transport by Road for Estonia measures changes in the price paid by Estonian consumers for road passenger transport services over time. This metric is important for economists and policymakers to understand inflationary pressures and household spending patterns.
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) is a comprehensive measure of inflation in the European Union. The Passenger Transport by Road subcategory tracks the prices paid by Estonian consumers for services like bus and taxi fares. This data provides insights into a key component of the Estonian consumer price index.
Methodology
The data is collected through surveys of Estonian households and service providers.
Historical Context
Policymakers at the European Central Bank and Bank of Estonia use this HICP data to inform monetary policy decisions.
Key Facts
- Estonia's passenger transport by road HICP has risen 25% since 2015.
- Road passenger transport accounts for 2.5% of the total Estonian consumer price index.
- The HICP data is published monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Passenger Transport by Road for Estonia tracks changes in the prices paid by Estonian consumers for bus, taxi, and other road passenger transport services.
Q: Why is this trend relevant for users or analysts?
A: This HICP data provides important insights into inflationary pressures and household spending patterns in Estonia, which is relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Estonian households and service providers, then aggregated and published monthly by Eurostat.
Q: How is this trend used in economic policy?
A: The European Central Bank and Bank of Estonia use this HICP data on passenger transport prices to help inform their monetary policy decisions.
Q: Are there update delays or limitations?
A: The Harmonized Index of Consumer Prices data is published monthly with a lag of approximately two weeks.
Related Trends
Producer Prices Index: Economic Activities: Mining and Quarrying Activities: Total for Estonia
PIEAMI01EEM661N
Infra-Annual Labor Statistics: Employment Rate Total: 15 Years or over for Estonia
LREMTTTTEEA156S
Producer Prices Index: Type of Goods: Durable Consumer Goods: Domestic for Estonia
ESTPITGCD02GPQ
Sales: Retail Trade: Total Retail Trade: Volume for Estonia
SLRTTO01EEQ657S
Nominal Exports of Goods and Services for Estonia
NXSAXDCESQ
Infra-Annual Labor Statistics: Labor Force Participation Rate Female: 15 Years or over for Estonia
LRACTTFEEEQ156S
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Passenger Transport by Road for Estonia (CP0732EEM086NEST), retrieved from FRED.