Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Estonia
ESTCPHPEN01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
203.24
Year-over-Year Change
-1.13%
Date Range
1/1/1996 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Energy in Estonia measures the changes in prices of energy products and services purchased by Estonian consumers. This economic indicator is crucial for understanding inflationary pressures and the overall cost of living in the country.
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 Energy in Estonia is a subcomponent of the broader Consumer Price Index, which tracks the average change in prices paid by consumers for a basket of goods and services. The Energy CPI specifically focuses on the prices of fuels, electricity, and other energy-related expenditures, providing insights into one of the key drivers of inflation.
Methodology
The data is collected through a monthly survey of retail prices by the Estonian statistical agency.
Historical Context
The Energy CPI is closely monitored by policymakers and economists to assess the impact of energy costs on the overall cost of living and to inform decisions on energy policy and subsidies.
Key Facts
- Estonia's Energy CPI has increased by 50% since 2015.
- Energy costs account for about 15% of the average Estonian household's expenditure.
- The Energy CPI is an important input for the European Central Bank's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Energy in Estonia measures the changes in prices of energy products and services purchased by Estonian consumers, including fuels, electricity, and other energy-related expenditures.
Q: Why is this trend relevant for users or analysts?
A: The Energy CPI is a crucial indicator for understanding inflationary pressures and the overall cost of living in Estonia, and it is closely monitored by policymakers and economists to assess the impact of energy costs on the economy.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of retail prices by the Estonian statistical agency.
Q: How is this trend used in economic policy?
A: The Energy CPI is an important input for the European Central Bank's monetary policy decisions, as it helps inform their assessment of inflationary pressures and the overall cost of living in the Eurozone.
Q: Are there update delays or limitations?
A: The Energy CPI data is published monthly with a typical delay of 2-3 weeks, and it may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Estonia (ESTCPHPEN01IXOBM), retrieved from FRED.