Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Estonia
ESTCP070000CTGYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.77
Year-over-Year Change
5.48%
Date Range
1/1/2010 - 4/1/2025
Summary
This economic indicator measures the consumer price index (CPI) for the transport category in Estonia, based on the COICOP 1999 classification system. It provides insights into inflationary pressures and household spending patterns in this important sector.
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 Estonia tracks changes in the prices of goods and services related to personal transportation, including vehicle purchases, operation, and maintenance, as well as public transport fares. This metric is widely used by economists and policymakers to monitor the cost of living and assess the broader inflationary environment.
Methodology
The data is collected through a nationwide survey of consumer prices and then aggregated to calculate the Transport CPI.
Historical Context
The Transport CPI is a key input for monetary policy decisions and provides context for consumer behavior and economic performance.
Key Facts
- The Transport CPI accounts for approximately 14% of the total Estonian CPI basket.
- Estonia's Transport CPI reached a record high in 2022, driven by rising fuel and vehicle costs.
- The Transport CPI is a leading indicator of consumer spending patterns and economic activity.
FAQs
Q: What does this economic trend measure?
A: The Transport CPI for Estonia measures changes in the prices of goods and services related to personal transportation, including vehicle purchases, operation, and maintenance, as well as public transport fares.
Q: Why is this trend relevant for users or analysts?
A: The Transport CPI provides insights into inflationary pressures and household spending patterns in this important sector, making it a key indicator for economists and policymakers monitoring the cost of living and broader economic performance.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer prices and then aggregated to calculate the Transport CPI.
Q: How is this trend used in economic policy?
A: The Transport CPI is a key input for monetary policy decisions and provides context for consumer behavior and economic performance.
Q: Are there update delays or limitations?
A: The Transport CPI data is published monthly with a typical 1-2 month delay, and may be subject to revisions based on updated survey information.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Estonia (ESTCP070000CTGYM), retrieved from FRED.