Harmonized Index of Consumer Prices: Passenger Transport by Road for Euro Area (19 Countries)
CP0732EZ19M086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.93
Year-over-Year Change
2.67%
Date Range
12/1/1999 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Passenger Transport by Road in the Eurozone measures changes in the prices paid by consumers for road-based passenger transportation services. This trend is a key indicator of 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 Passenger Transport by Road is a component of the broader HICP index, which is the primary measure of inflation in the Eurozone. This sub-index tracks the prices of various road-based passenger transportation services, including taxis, buses, and other forms of public transit.
Methodology
The data is collected through surveys of consumer prices across Eurozone countries.
Historical Context
This index is used by the European Central Bank and other policymakers to monitor price pressures and inform monetary policy decisions.
Key Facts
- Covers road-based passenger transportation in the Eurozone.
- Part of the broader Harmonized Index of Consumer Prices (HICP).
- Used by policymakers to monitor price pressures and inflation.
FAQs
Q: What does this economic trend measure?
A: This trend measures changes in the prices paid by consumers for road-based passenger transportation services in the Eurozone, such as taxis, buses, and other forms of public transit.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of inflation in the Eurozone and is used by policymakers, such as the European Central Bank, to monitor price pressures and inform monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices across Eurozone countries.
Q: How is this trend used in economic policy?
A: The HICP for Passenger Transport by Road is used by the European Central Bank and other policymakers to monitor price pressures and inform monetary policy decisions in the Eurozone.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, typically around 2-3 weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Passenger Transport by Road for Euro Area (19 Countries) (CP0732EZ19M086NEST), retrieved from FRED.