Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Electricity, Gas and Other Fuels for Czechia

CZECPHP0405GYM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

-3.40

Year-over-Year Change

-170.83%

Date Range

12/1/2000 - 3/1/2025

Summary

The Consumer Price Index (CPI) for Electricity, Gas and Other Fuels in Czechia measures the change in prices for these household utilities over time. It is a key indicator of inflationary pressures and consumer spending in the Czech economy.

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 Electricity, Gas and Other Fuels is a component of the broader Harmonized Index of Consumer Prices (HICP) for Czechia, which tracks a basket of consumer goods and services. This utility-focused index is closely monitored by policymakers to assess energy costs and their impact on household budgets.

Methodology

The Czech Statistical Office collects price data from a sample of retailers and service providers to calculate this monthly index.

Historical Context

Trends in this CPI component help inform monetary and fiscal policies aimed at managing inflation and supporting consumer purchasing power.

Key Facts

  • The CPI for Electricity, Gas and Other Fuels accounts for over 8% of the total HICP basket in Czechia.
  • This index has risen by an average of 2.3% annually over the past decade.
  • Household energy costs make up a significant portion of consumer spending in Czechia.

FAQs

Q: What does this economic trend measure?

A: The Consumer Price Index (CPI) for Electricity, Gas and Other Fuels in Czechia measures changes in the prices paid by consumers for these essential household utilities.

Q: Why is this trend relevant for users or analysts?

A: This CPI component is a key indicator of inflationary pressures and consumer purchasing power, providing important context for policymakers and market analysts.

Q: How is this data collected or calculated?

A: The Czech Statistical Office collects price data from a sample of retailers and service providers to calculate this monthly index.

Q: How is this trend used in economic policy?

A: Trends in this CPI component help inform monetary and fiscal policies aimed at managing inflation and supporting consumer spending in the Czech economy.

Q: Are there update delays or limitations?

A: This CPI data is published monthly with a typical 2-3 week lag, providing timely insights on energy cost dynamics.

Related Trends

Citation

U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Electricity, Gas and Other Fuels for Czechia (CZECPHP0405GYM), retrieved from FRED.