Harmonized Index of Consumer Prices: Passenger Transport by Air for Denmark
CP0733DKM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
150.70
Year-over-Year Change
7.49%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices for Passenger Transport by Air in Denmark measures the price changes of air travel services for Danish consumers. This metric is a key indicator of inflation and cost-of-living 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 Passenger Transport by Air index is a component of the broader Harmonized Index of Consumer Prices (HICP), which tracks the changes in prices paid by consumers for a basket of goods and services across the European Union. This air travel sub-index is used to analyze price dynamics and inflation in the Danish transportation sector.
Methodology
The data is collected through surveys of actual prices paid by consumers for air travel services.
Historical Context
This air travel price index is monitored by policymakers and economists to assess consumer demand and inflationary pressures.
Key Facts
- The base year for this index is 2015.
- Air travel accounts for over 3% of the Danish consumer price basket.
- Prices are collected from a sample of airlines and airports.
FAQs
Q: What does this economic trend measure?
A: This index measures the changes in prices paid by Danish consumers for air travel services. It is a component of the broader Harmonized Index of Consumer Prices (HICP).
Q: Why is this trend relevant for users or analysts?
A: This air travel price index is an important indicator of inflationary pressures and consumer demand in the Danish transportation sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of actual prices paid by consumers for air travel services.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this air travel price index to assess consumer demand and inflationary dynamics in the transportation market.
Q: Are there update delays or limitations?
A: There may be delays of several weeks in the publication of this data due to the time required for data collection and processing.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Passenger Transport by Air for Denmark (CP0733DKM086NEST), retrieved from FRED.