Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Overall Index Excluding Energy, Food, Alcohol and Tobacco for Czechia
CZECPHPLA01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
149.30
Year-over-Year Change
2.89%
Date Range
1/1/1996 - 3/1/2025
Summary
The Consumer Price Index (CPI) Excluding Energy, Food, Alcohol and Tobacco for Czechia measures the change in prices of a basket of consumer goods and services, excluding volatile energy and food items. It is a key indicator of underlying inflation trends 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 Excluding Energy, Food, Alcohol and Tobacco is a subindex of the broader CPI that removes the impact of price changes in certain volatile components. This 'core' inflation measure provides economists and policymakers with a clearer signal of the fundamental inflationary pressures in the economy.
Methodology
The data is collected through a nationwide survey of consumer prices and calculated using a fixed-weight index formula.
Historical Context
Central banks often monitor core inflation measures like this one to guide monetary policy decisions aimed at maintaining price stability.
Key Facts
- The index base year is 2015.
- Czechia joined the European Union in 2004.
- The Czech National Bank targets 2% inflation.
FAQs
Q: What does this economic trend measure?
A: The CPI Excluding Energy, Food, Alcohol and Tobacco measures the change in prices of a basket of consumer goods and services in Czechia, excluding the volatile energy and food components.
Q: Why is this trend relevant for users or analysts?
A: This 'core' inflation measure provides a clearer signal of the fundamental inflationary pressures in the Czech economy, which is useful for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer prices and calculated using a fixed-weight index formula.
Q: How is this trend used in economic policy?
A: Central banks often monitor core inflation measures like this one to guide monetary policy decisions aimed at maintaining price stability.
Q: Are there update delays or limitations?
A: The data is subject to the typical publication lags and potential revisions common to economic statistics.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Restaurants and Hotels for Czechia
CZECP110000IXOBQ
Outstanding International Public Debt Securities to GDP for Czech Republic
DDDM06CZA156NWDB
Bank Non-Performing Loans to Gross Loans for Czech Republic
DDSI02CZA156NWDB
Stock Market Capitalization to GDP for Czech Republic
DDDM01CZA156NWDB
Value of Exports to Czech Republic from Nebraska
NECZEA052SCEN
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Czechia
CZECP050000GYQ
Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Overall Index Excluding Energy, Food, Alcohol and Tobacco for Czechia (CZECPHPLA01IXOBM), retrieved from FRED.