Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Hungary
CPGREN01HUM659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3.16
Year-over-Year Change
-278.42%
Date Range
1/1/1991 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Energy in Hungary measures changes in the prices of energy-related goods and services consumed by Hungarian households. This key economic indicator provides insights into inflationary pressures and household purchasing power.
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 CPI for Energy in Hungary is a subcomponent of the broader Consumer Price Index, which tracks the average change in prices paid by consumers for a basket of goods and services. The energy CPI specifically focuses on the prices of fuels, electricity, and other energy sources that are essential for household consumption.
Methodology
The data is collected through surveys of Hungarian consumers and businesses.
Historical Context
This energy-focused CPI is closely monitored by policymakers, central banks, and economists to assess the state of the Hungarian economy and inform economic policy decisions.
Key Facts
- The CPI for Energy in Hungary has a base year of 2015.
- Energy accounts for approximately 10% of the total Hungarian CPI basket.
- Volatile energy prices can significantly impact overall inflation trends.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index for Energy in Hungary measures the changes in prices of energy-related goods and services consumed by Hungarian households.
Q: Why is this trend relevant for users or analysts?
A: This energy-focused CPI provides important insights into inflationary pressures and household purchasing power, which are crucial for economic policymaking and market analysis.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Hungarian consumers and businesses.
Q: How is this trend used in economic policy?
A: Policymakers, central banks, and economists closely monitor this energy CPI to assess the state of the Hungarian economy and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule, but there may be occasional delays or limitations in data collection.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Hungary (CPGREN01HUM659N), retrieved from FRED.