Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Czechia
CZECPHPEN01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
175.30
Year-over-Year Change
-4.93%
Date Range
12/1/1999 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Energy in Czechia measures the inflation rate of energy-related consumer goods and services. It is a key indicator of cost-of-living and household purchasing power trends.
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 Energy CPI for Czechia is a subcomponent of the broader Harmonized Index of Consumer Prices (HICP), providing a detailed view of energy-related price dynamics. This metric is widely used by economists, policymakers, and analysts to assess inflationary pressures and the impact on consumer budgets.
Methodology
The Czech Statistical Office collects and aggregates prices from a representative basket of energy goods and services to calculate the monthly CPI for Energy.
Historical Context
Trends in the Energy CPI influence monetary and fiscal policy decisions in Czechia and the broader European Union.
Key Facts
- The Energy CPI accounts for around 15% of the total HICP basket in Czechia.
- Energy prices have been a key driver of overall inflation in Czechia in recent years.
- Czechia's Energy CPI reached a multi-decade high in 2022 amid global energy market disruptions.
FAQs
Q: What does this economic trend measure?
A: The Energy CPI for Czechia measures the inflation rate of energy-related consumer goods and services, including electricity, natural gas, motor fuels, and other household energy costs.
Q: Why is this trend relevant for users or analysts?
A: Trends in the Energy CPI are closely monitored by economists, policymakers, and consumers as energy costs are a significant component of household budgets. It provides insights into inflationary pressures and the impact on consumer purchasing power.
Q: How is this data collected or calculated?
A: The Czech Statistical Office collects prices from a representative basket of energy goods and services to calculate the monthly Energy CPI.
Q: How is this trend used in economic policy?
A: Trends in the Energy CPI influence monetary and fiscal policy decisions in Czechia and the broader European Union, as energy costs are a key driver of overall inflation and consumer price dynamics.
Q: Are there update delays or limitations?
A: The Energy CPI for Czechia is published monthly with a typical release lag of around two weeks. While comprehensive, the index may not fully capture all regional or household-specific energy price variations.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Czechia (CZECPHPEN01IXOBM), retrieved from FRED.