Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Spain
ESPCPHP0700GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.90
Year-over-Year Change
-131.03%
Date Range
1/1/1997 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Transport in Spain, part of the Harmonized Index of Consumer Prices (HICP), measures changes in the prices paid by consumers for transportation goods and services. This metric is a key indicator of consumer inflation and economic 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 Transport CPI for Spain is a sub-component of the overall CPI, providing a more granular view into consumer spending on transportation. It is used by economists and policymakers to monitor price pressures, inform monetary policy decisions, and analyze cost-of-living changes.
Methodology
The data is collected through a nationwide survey of consumer prices.
Historical Context
The Transport CPI is a valuable tool for assessing the health of the Spanish economy and consumer confidence.
Key Facts
- The Transport CPI accounts for around 13% of the overall Spanish CPI basket.
- Transport costs have risen by an average of 2.5% annually over the past decade.
- Fuel prices are a major driver of changes in the Transport CPI.
FAQs
Q: What does this economic trend measure?
A: The Transport CPI for Spain measures changes in the prices paid by consumers for transportation goods and services, including fuel, public transport, and vehicle purchases and maintenance.
Q: Why is this trend relevant for users or analysts?
A: The Transport CPI is a key indicator of consumer inflation and a valuable tool for analyzing the health of the Spanish economy and consumer spending patterns.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer prices.
Q: How is this trend used in economic policy?
A: The Transport CPI is used by economists and policymakers to monitor price pressures, inform monetary policy decisions, and assess cost-of-living changes.
Q: Are there update delays or limitations?
A: The Transport CPI for Spain is updated monthly, with a typical release lag of around two weeks.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Spain (ESPCPHP0700GYM), retrieved from FRED.