Harmonized Index of Consumer Prices: Postal Services for Austria
CP0810ATM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
170.03
Year-over-Year Change
2.49%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Postal Services in Austria measures changes in the prices paid by consumers for postal services. This indicator is crucial for policymakers and economists to understand inflation trends 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
The HICP is a standardized measure of consumer price inflation across European Union countries. The Postal Services component tracks the cost of sending letters, packages, and other postal services for Austrian households.
Methodology
The data is collected through surveys of consumer expenditures and prices.
Historical Context
Postal service prices are an important input for inflation analysis and economic policymaking.
Key Facts
- HICP is a standardized measure of inflation across the EU.
- Postal services make up a small but important part of consumer spending.
- Postal prices can impact overall inflation and consumer behavior.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Postal Services in Austria measures changes in the prices paid by consumers for postal services like sending letters and packages.
Q: Why is this trend relevant for users or analysts?
A: Postal service prices are an important input for inflation analysis and economic policymaking. Tracking these costs helps economists and policymakers understand consumer behavior and broader price trends.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and prices.
Q: How is this trend used in economic policy?
A: Postal service prices are analyzed by central banks, governments, and other institutions to assess inflationary pressures and inform economic policy decisions.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and potential limitations in survey coverage, but the HICP provides a standardized measure of postal service inflation in Austria.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Postal Services for Austria (CP0810ATM086NEST), retrieved from FRED.