Harmonized Index of Consumer Prices: Combined Passenger Transport for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0735E3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102.82
Year-over-Year Change
8.99%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Combined Passenger Transport measures the inflation rate for public transportation in the European Economic Area. It is a key indicator for policymakers and analysts monitoring economic conditions in Europe.
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 index tracks the price changes of a basket of public transportation services, including rail, bus, taxi, and air travel. It is a harmonized metric used across EEA countries to ensure consistent inflation measurement.
Methodology
The data is collected through surveys of consumers and service providers in EEA member states.
Historical Context
The HICP is widely used by the European Central Bank and national governments to guide monetary and fiscal policy decisions.
Key Facts
- The HICP covers over 60% of consumer spending in the EEA.
- Transportation costs account for 13% of the total HICP basket.
- The index uses 2015 as its base year for price comparisons.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Combined Passenger Transport measures the inflation rate for public transportation services in the European Economic Area.
Q: Why is this trend relevant for users or analysts?
A: The HICP Combined Passenger Transport index is a key indicator for policymakers and analysts monitoring economic conditions and consumer price trends in Europe.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumers and service providers in EEA member states.
Q: How is this trend used in economic policy?
A: The HICP is widely used by the European Central Bank and national governments to guide monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a lag of around 2 months.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Combined Passenger Transport for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (CP0735E3CCM086NEST), retrieved from FRED.