Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Portugal
CPGREN01PTA659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.22
Year-over-Year Change
-66.43%
Date Range
1/1/1949 - 1/1/2024
Summary
The Consumer Price Index (CPI) for Energy in Portugal measures the price changes of a basket of energy goods and services, providing insights into the country's energy 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 CPI for Energy in Portugal is a key economic indicator that tracks the prices of various energy products, including gasoline, electricity, and natural gas. It is a crucial metric for understanding the cost-of-living dynamics and inflationary pressures faced by Portuguese consumers.
Methodology
The data is collected through a nationwide survey of consumer prices and is calculated using a standardized methodology.
Historical Context
The CPI for Energy is closely monitored by policymakers, central banks, and market analysts to assess the broader economic conditions and guide policy decisions.
Key Facts
- The CPI for Energy in Portugal has a base year of 2015.
- Energy accounts for approximately 10% of the total CPI basket in Portugal.
- The index is published monthly by the National Statistics Institute of Portugal.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Energy in Portugal measures the changes in the prices of a basket of energy goods and services, including gasoline, electricity, and natural gas.
Q: Why is this trend relevant for users or analysts?
A: The CPI for Energy is a crucial indicator for understanding the cost-of-living dynamics and inflationary pressures faced by Portuguese consumers, making it relevant for policymakers, central banks, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer prices and is calculated using a standardized methodology by the National Statistics Institute of Portugal.
Q: How is this trend used in economic policy?
A: The CPI for Energy is closely monitored by policymakers and central banks to assess broader economic conditions and guide policy decisions, particularly those related to energy prices and inflation.
Q: Are there update delays or limitations?
A: The CPI for Energy in Portugal is published monthly with no significant update delays, providing timely information to users and analysts.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Portugal (CPGREN01PTA659N), retrieved from FRED.