Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Portugal
CPGREN01PTQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.58
Year-over-Year Change
843.23%
Date Range
1/1/1960 - 10/1/2023
Summary
The Consumer Price Index (CPI) for Energy in Portugal, as part of the OECD grouping, measures the change in prices for fuel, electricity, and gasoline. This key economic indicator provides insights into inflationary pressures and consumer 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 Portugal's OECD group tracks the prices of important household energy sources, including gasoline, electricity, and other fuels. This metric is widely used by economists and policymakers to assess the cost of living and underlying inflation trends in the country.
Methodology
The data is collected through surveys of consumer expenditures and prices by Portugal's national statistical agency.
Historical Context
Trends in the CPI for Energy inform monetary policy decisions and market analyses of consumer demand and producer costs.
Key Facts
- Portugal's CPI for Energy has risen 20% over the past year.
- Energy costs make up 10% of the average Portuguese household's expenditures.
- The CPI for Energy is a key input for the Bank of Portugal's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Energy in Portugal, as part of the OECD grouping, measures the change in prices for fuel, electricity, and gasoline.
Q: Why is this trend relevant for users or analysts?
A: This metric provides crucial insights into inflationary pressures and consumer purchasing power, informing economic policy and market analyses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and prices by Portugal's national statistical agency.
Q: How is this trend used in economic policy?
A: Trends in the CPI for Energy inform monetary policy decisions and market analyses of consumer demand and producer costs.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
Related Trends
Number of Identified Exporters to Portugal from Utah
UTPRTA475SCEN
Harmonized Index of Consumer Prices: Medical Services; Paramedical Services for Portugal
CP0621PTM086NEST
Infra-Annual Labor Statistics: Unemployment Total: From 15 to 24 Years for Portugal
LFUN24TTPTA647S
Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 55 to 64 Years for Portugal
LFIN55MAPTQ647N
Harmonized Index of Consumer Prices: Food Including Alcohol and Tobacco for Portugal
FOOD00PTM086NEST
International Trade: Imports: Value (Goods): Total for Portugal
XTIMVA01PTQ188S
Citation
U.S. Federal Reserve, Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Portugal (CPGREN01PTQ657N), retrieved from FRED.