Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Estonia
ESTCP070000GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.00
Year-over-Year Change
-2.32%
Date Range
1/1/1999 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Transport in Estonia measures the changes in prices paid by consumers for transportation-related goods and services. This metric is a key indicator of inflation 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 CPI for Transport in Estonia is a component of the broader Consumer Price Index, which tracks the average change in prices paid by consumers for a basket of goods and services. The Transport CPI specifically focuses on the prices of items such as fuel, public transportation, and vehicle maintenance.
Methodology
The data is collected through a nationwide survey of consumer prices by the Statistical Office of Estonia.
Historical Context
The Transport CPI is used by policymakers and economists to assess inflationary pressures and consumer behavior.
Key Facts
- The CPI for Transport in Estonia has a base year of 2015.
- Transportation accounts for approximately 15% of the total Estonian CPI basket.
- The Transport CPI is published monthly by the Statistical Office of Estonia.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Transport in Estonia measures the changes in prices paid by consumers for transportation-related goods and services, such as fuel, public transportation, and vehicle maintenance.
Q: Why is this trend relevant for users or analysts?
A: The Transport CPI is a key indicator of inflation and consumer spending patterns in Estonia, providing valuable insights for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data for the Transport CPI in Estonia is collected through a nationwide survey of consumer prices by the Statistical Office of Estonia.
Q: How is this trend used in economic policy?
A: The Transport CPI is used by policymakers and economists in Estonia to assess inflationary pressures and consumer behavior, which can inform decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The Transport CPI for Estonia is published monthly by the Statistical Office of Estonia, with no known significant update delays or limitations.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Estonia (ESTCP070000GYM), retrieved from FRED.