Harmonized Index of Consumer Prices: Passenger Transport by Air for Romania
CP0733ROM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
182.77
Year-over-Year Change
-1.52%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP): Passenger Transport by Air for Romania measures changes in the prices paid by Romanian consumers for air travel. This key indicator provides insight into inflation 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 HICP: Passenger Transport by Air for Romania is a subcomponent of the broader HICP, which tracks the average change in prices for a basket of consumer goods and services across the Eurozone. The air travel index specifically measures price fluctuations in this important transportation sector.
Methodology
The Romanian National Institute of Statistics collects price data from domestic and international air carriers to calculate this index.
Historical Context
Economists and policymakers use this air travel index to monitor inflationary pressures and consumer behavior.
Key Facts
- The air travel index is a component of the broader HICP basket.
- Prices are collected from both domestic and international air carriers.
- This indicator provides insight into a key transportation sector.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Passenger Transport by Air for Romania measures changes in the prices paid by Romanian consumers for air travel.
Q: Why is this trend relevant for users or analysts?
A: This air travel index provides important insights into inflationary pressures and consumer spending patterns within a key transportation sector.
Q: How is this data collected or calculated?
A: The Romanian National Institute of Statistics collects price data from domestic and international air carriers to calculate this index.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this air travel index to monitor inflationary pressures and consumer behavior.
Q: Are there update delays or limitations?
A: The data is published regularly by the Romanian statistical agency with minimal delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Passenger Transport by Air for Romania (CP0733ROM086NEST), retrieved from FRED.