Harmonized Index of Consumer Prices: Passenger Transport by Air for European Union (27 Countries from 2020)
CP0733EU272020M086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
172.81
Year-over-Year Change
1.09%
Date Range
12/1/2000 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices: Passenger Transport by Air for European Union (27 Countries from 2020) measures the changes in the prices paid by consumers for air travel within the EU. This metric is a key indicator of inflation and consumer 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
This index tracks the prices of air passenger transport services for travelers in the 27 European Union countries. It is an important component of the broader Harmonized Index of Consumer Prices, which is used to assess the overall rate of inflation and cost of living within the EU.
Methodology
The data is collected through surveys of airfares and fees from various providers and aggregated into a monthly index.
Historical Context
Policymakers and economists closely monitor this indicator to understand consumer behavior and assess the health of the European aviation and travel sectors.
Key Facts
- The index is published monthly by Eurostat.
- Air transport accounts for a significant portion of household spending in many EU countries.
- Trends in this index can signal changes in consumer demand and business confidence.
FAQs
Q: What does this economic trend measure?
A: This index tracks the prices paid by consumers for air passenger transport services within the 27 countries of the European Union.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important component of the broader Harmonized Index of Consumer Prices, which is a key indicator of inflation and consumer spending patterns in the EU.
Q: How is this data collected or calculated?
A: The data is collected through surveys of airfares and fees from various providers and aggregated into a monthly index.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this indicator to understand consumer behavior and assess the health of the European aviation and travel sectors.
Q: Are there update delays or limitations?
A: The index is published monthly by Eurostat with a typical one-month lag.
Related Trends
Import Price Index by Origin (NAICS): Agriculture, Construction, and Mining Machinery Manufacturing for European Union
COEECZ3331
Harmonized Index of Consumer Prices: Electricity, Gas and Other Fuels for European Union (27 Countries from 2020)
CP0450EU272020M086NEST
Employed Population: Aged 15-24: Females for the European Union
LFEM24FEEUQ657S
Harmonized Index of Consumer Prices: Photographic and Cinematographic Equipment and Optical Instruments for European Union
CP0912EUCCM086NEST
Harmonized Index of Consumer Prices: Furniture and Furnishings for European Union (28 Countries)
CP0511EU28M086NEST
Harmonized Index of Consumer Prices: Telephone and Telefax Services for European Union
CP0830EUCCM086NEST
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Passenger Transport by Air for European Union (27 Countries from 2020) (CP0733EU272020M086NEST), retrieved from FRED.