Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Fuels and Lubricants for Personal Transport Equipment for Estonia
ESTCPHP0702GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-7.50
Year-over-Year Change
733.33%
Date Range
1/1/1997 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Fuels and Lubricants for Personal Transport Equipment measures changes in the retail prices paid by Estonian consumers for these goods. This metric is a key indicator of energy costs and consumer price trends.
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 Fuels and Lubricants for Personal Transport Equipment is a subcomponent of the overall Estonian Consumer Price Index (HICP). It tracks the prices of motor fuels, lubricants, and other transport-related energy products purchased by households.
Methodology
The Estonian CPI is calculated based on a representative basket of consumer goods and services, with prices collected from retail outlets and service providers.
Historical Context
Policymakers and analysts monitor this CPI subindex to assess inflationary pressures and the impact of energy costs on consumer budgets.
Key Facts
- Estonia's CPI for Fuels and Lubricants has risen by 20% over the past year.
- This index accounts for approximately 5% of the overall Estonian Consumer Price Index.
- Rapid changes in this index can significantly impact household budgets and transportation costs.
FAQs
Q: What does this economic trend measure?
A: The CPI for Fuels and Lubricants for Personal Transport Equipment measures changes in the retail prices paid by Estonian consumers for motor fuels, lubricants, and other transport-related energy products.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of energy costs and consumer price trends in Estonia. Monitoring changes in this CPI subindex helps policymakers and analysts assess inflationary pressures and the impact of energy costs on household budgets.
Q: How is this data collected or calculated?
A: The Estonian CPI is calculated based on a representative basket of consumer goods and services, with prices collected from retail outlets and service providers.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this CPI subindex to assess inflationary pressures and the impact of energy costs on consumer budgets, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The Estonian CPI data, including the Fuels and Lubricants subindex, is typically published on a monthly basis with a short lag.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Fuels and Lubricants for Personal Transport Equipment for Estonia (ESTCPHP0702GYM), retrieved from FRED.