Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Spain
ESPCPHP0700IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121.95
Year-over-Year Change
-0.91%
Date Range
1/1/1996 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Transport in Spain measures changes in the prices paid by consumers for a basket of transportation-related goods and services. This key economic indicator helps policymakers and analysts understand inflation trends 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 COICOP 1999: Consumer Price Index: Transport for Spain is part of the Harmonized Indices of Consumer Prices (HICPs), a set of comparable consumer price indices used across European Union countries. The transport CPI tracks the cost of items like fuel, public transportation, and vehicle purchases and maintenance.
Methodology
The data is collected through regular surveys of consumer prices by the Spanish National Statistics Institute.
Historical Context
The transport CPI is used by the European Central Bank and Spanish government to monitor price stability and guide macroeconomic policy.
Key Facts
- The transport CPI makes up around 15% of the total Spanish CPI basket.
- Spain's transport CPI has risen by 20% over the past decade.
- Fuel prices are the largest component of the Spanish transport CPI.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Transport in Spain measures changes in the prices paid by consumers for a basket of transportation-related goods and services.
Q: Why is this trend relevant for users or analysts?
A: The transport CPI is a key indicator of inflation and consumer spending patterns, helping policymakers and analysts understand broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of consumer prices by the Spanish National Statistics Institute.
Q: How is this trend used in economic policy?
A: The transport CPI is used by the European Central Bank and Spanish government to monitor price stability and guide macroeconomic policy.
Q: Are there update delays or limitations?
A: The transport CPI is published monthly with a lag of approximately two weeks.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Spain (ESPCPHP0700IXOBM), retrieved from FRED.