Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Estonia

ESTCP070000IXOBM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

148.50

Year-over-Year Change

5.00%

Date Range

1/1/1998 - 4/1/2025

Summary

The Consumer Price Index (CPI) for Transport in Estonia measures changes in the prices paid by consumers for a basket of transportation-related goods and services. This metric is a key indicator of inflation and consumer spending patterns 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 Transport CPI for Estonia is a subcomponent of the broader Estonian Consumer Price Index, tracking price movements for a variety of transportation costs like fuel, vehicle purchases, public transit fares, and more. It provides insights into inflationary pressures and consumer behavior within the transportation sector.

Methodology

The Estonian Statistics Office collects price data from retailers and service providers to calculate the monthly Transport CPI.

Historical Context

Policymakers and analysts use the Transport CPI to assess economic conditions and make informed decisions about monetary, fiscal, and transportation policies.

Key Facts

  • The Transport CPI is a component of the broader Estonian CPI.
  • Transportation costs account for a significant portion of household budgets.
  • The Transport CPI is a key metric for assessing inflationary pressures.

FAQs

Q: What does this economic trend measure?

A: The Transport CPI for Estonia measures changes in the prices paid by consumers for transportation-related goods and services, including fuel, vehicles, and public transit.

Q: Why is this trend relevant for users or analysts?

A: The Transport CPI provides important insights into inflationary pressures and consumer spending patterns within the transportation sector, which is a crucial component of the Estonian economy.

Q: How is this data collected or calculated?

A: The Estonian Statistics Office collects price data from retailers and service providers to calculate the monthly Transport CPI.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use the Transport CPI to assess economic conditions and make informed decisions about monetary, fiscal, and transportation policies.

Q: Are there update delays or limitations?

A: The Transport CPI for Estonia is published monthly, with a typical release lag of several weeks.

Related Trends

Citation

U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Estonia (ESTCP070000IXOBM), retrieved from FRED.