Harmonized Index of Consumer Prices: Combined Passenger Transport for Czech Republic
CP0735CZM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.70
Year-over-Year Change
1.45%
Date Range
12/1/1999 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP): Combined Passenger Transport for Czech Republic measures the price changes of passenger transport services in the Czech Republic, a key indicator of consumer inflation.
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: Combined Passenger Transport for Czech Republic tracks the prices paid by Czech consumers for various modes of passenger transportation, including trains, buses, and taxis. This index is a vital economic indicator used by policymakers and analysts to monitor inflationary pressures.
Methodology
The data is collected through surveys of consumer prices across the Czech Republic and aggregated into the HICP index.
Historical Context
The HICP: Combined Passenger Transport is an important input for the Czech National Bank's monetary policy decisions.
Key Facts
- The HICP: Combined Passenger Transport for Czech Republic has a base year of 2015.
- Passenger transport accounts for approximately 4.5% of the total Czech consumer price index.
- The index is published monthly by the Czech Statistical Office.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP): Combined Passenger Transport for Czech Republic measures the price changes of various passenger transportation services in the Czech Republic, including trains, buses, and taxis.
Q: Why is this trend relevant for users or analysts?
A: This index is a crucial indicator of inflationary pressures in the Czech economy, as passenger transport is an important component of consumer spending. It provides valuable insights for policymakers and economists monitoring price dynamics.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices across the Czech Republic and aggregated into the HICP index by the Czech Statistical Office.
Q: How is this trend used in economic policy?
A: The HICP: Combined Passenger Transport is an important input for the Czech National Bank's monetary policy decisions, as it helps the central bank assess inflationary pressures and make appropriate policy adjustments.
Q: Are there update delays or limitations?
A: The HICP: Combined Passenger Transport for Czech Republic is published monthly with no significant update delays. However, the index may be subject to revisions and may not capture all aspects of passenger transport costs.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Combined Passenger Transport for Czech Republic (CP0735CZM086NEST), retrieved from FRED.