Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Electricity, Gas and Other Fuels for Estonia
ESTCP040500GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.14
Year-over-Year Change
-97.56%
Date Range
1/1/1999 - 1/1/2025
Summary
The Consumer Price Index (CPI) for Electricity, Gas and Other Fuels in Estonia measures changes in the prices paid by consumers for these essential utilities. This metric is a key indicator of inflationary pressures in the Estonian 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 for Electricity, Gas and Other Fuels is a subcomponent of the broader Consumer Price Index, which tracks the average change in prices for a basket of consumer goods and services. This specific index focuses on the costs associated with household energy usage, providing insight into a crucial component of consumer expenditures.
Methodology
The data is collected through surveys of retail establishments and service providers by Estonia's national statistical office.
Historical Context
Policymakers and analysts use this index to assess the impact of energy costs on the overall cost of living and to inform decisions around energy policy and consumer welfare.
Key Facts
- Estonia's CPI for Electricity, Gas and Other Fuels has a base year of 2015.
- This index accounts for approximately 4% of the total Estonian CPI basket.
- Household energy costs can have a significant impact on consumer inflation and living standards.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index for Electricity, Gas and Other Fuels in Estonia measures the changes in the prices paid by consumers for these essential household energy sources.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into a key component of consumer expenditures and can inform decisions around energy policy, consumer welfare, and overall inflationary pressures in the Estonian economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and service providers by Estonia's national statistical office.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess the impact of energy costs on the overall cost of living and to inform decisions around energy policy and consumer welfare.
Q: Are there update delays or limitations?
A: The data is published regularly by the statistical office, but there may be some inherent delays in the reporting and publication process.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Electricity, Gas and Other Fuels for Estonia (ESTCP040500GYQ), retrieved from FRED.