Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Czechia
CZECP070000IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
134.00
Year-over-Year Change
-3.25%
Date Range
1/1/1995 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Transport in Czechia measures the change in prices for a basket of goods and services related to transportation. This metric is a key indicator of inflation and consumer spending patterns.
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 Transport CPI for Czechia is one of the major sub-indices that make up the overall Consumer Price Index. It tracks the changing costs of items like fuel, public transportation, vehicle purchases, and other transportation-related expenditures for Czech consumers.
Methodology
The data is collected through surveys of consumer prices and aggregated by the Czech Statistical Office.
Historical Context
The Transport CPI is used by policymakers, economists, and analysts to gauge inflationary pressures and consumer behavior in the transportation sector.
Key Facts
- The base year for the Czechia Transport CPI is 2015.
- Transportation accounts for approximately 13% of the total Czech consumer expenditure basket.
- Czechia's Transport CPI reached its highest level in January 2023 at 138.7.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Transport in Czechia measures the change in prices for a basket of goods and services related to transportation, including fuel, public transit, and vehicle purchases.
Q: Why is this trend relevant for users or analysts?
A: The Transport CPI is a key indicator of inflationary pressures and consumer spending patterns in the transportation sector, which is an important component of the overall economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices by the Czech Statistical Office and aggregated into the Transport CPI.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and analysts use the Transport CPI to understand inflationary dynamics and consumer behavior in the transportation sector, which can inform decisions on monetary policy, infrastructure investment, and other economic measures.
Q: Are there update delays or limitations?
A: The Transport CPI for Czechia is published monthly with a typical release lag of around 2 weeks. There may be occasional revisions to historical data.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Czechia (CZECP070000IXOBM), retrieved from FRED.