Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Spain
ESPCPHPEN01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
126.38
Year-over-Year Change
1.71%
Date Range
1/1/1996 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Energy in Spain measures the change in the cost of energy-related goods and services purchased by Spanish consumers. This is a key economic indicator used to track inflationary pressures and inform policymakers.
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 Energy in Spain is part of the broader CPI basket, which encompasses a representative sample of consumer expenditures. The energy component reflects prices for electricity, natural gas, heating oil, and other fuels. Monitoring this index helps assess the impact of energy costs on the overall cost of living.
Methodology
The Spanish National Statistics Institute collects price data from a sample of households and businesses to calculate the CPI.
Historical Context
The CPI for Energy is closely watched by the European Central Bank and other policymakers as they evaluate inflationary trends and consider monetary policy decisions.
Key Facts
- Spain's CPI for Energy has a base year of 2015 = 100.
- Energy accounts for around 12% of the total CPI basket in Spain.
- The energy CPI reached a historic high in 2022 due to global supply disruptions.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Energy in Spain measures the change in the cost of energy-related goods and services purchased by Spanish consumers.
Q: Why is this trend relevant for users or analysts?
A: Monitoring the CPI for Energy helps assess the impact of energy costs on the overall cost of living in Spain, which is a key consideration for policymakers and economists.
Q: How is this data collected or calculated?
A: The Spanish National Statistics Institute collects price data from a sample of households and businesses to calculate the CPI.
Q: How is this trend used in economic policy?
A: The CPI for Energy is closely watched by the European Central Bank and other policymakers as they evaluate inflationary trends and consider monetary policy decisions.
Q: Are there update delays or limitations?
A: The CPI for Energy data is released monthly, with a typical delay of a few weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Spain (ESPCPHPEN01IXOBM), retrieved from FRED.