Harmonized Index of Consumer Prices: Passenger Transport by Sea and Inland Waterway for European Union (27 Countries from 2020)
CP0734EU272020M086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
139.12
Year-over-Year Change
5.28%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices for Passenger Transport by Sea and Inland Waterway measures price changes over time for this category of consumer expenditures in the European Union. It is a key indicator for monitoring inflation and consumer behavior.
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 paid by EU consumers for passenger transport by sea and inland waterway, such as ferry services, cruises, and other water-based transportation. It is part of the Harmonized Index of Consumer Prices, a standardized measure used across the EU to assess cost-of-living changes.
Methodology
Data is collected through surveys of businesses and consumers by national statistical agencies.
Historical Context
Policymakers and analysts use this index to understand inflationary pressures and consumer spending patterns in the transportation sector.
Key Facts
- The index uses 2015 as its base year of 100.
- Passenger sea and inland water transport account for about 0.6% of the total EU consumer basket.
- Indexes are published monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: This index measures the change in prices paid by European Union consumers for passenger transport by sea and inland waterway, such as ferries, cruises, and other water-based transportation.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator for monitoring inflationary pressures and consumer spending patterns in the transportation sector, which is important for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and consumers by national statistical agencies and compiled into a harmonized index by Eurostat.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to understand cost-of-living changes and consumer behavior in the transportation market, which informs decisions on monetary policy, fiscal policy, and other economic interventions.
Q: Are there update delays or limitations?
A: The indexes are published monthly by Eurostat, with some potential for delays in data collection and reporting across the member states.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Passenger Transport by Sea and Inland Waterway for European Union (27 Countries from 2020) (CP0734EU272020M086NEST), retrieved from FRED.