Harmonized Index of Consumer Prices: Liquid Fuels and Fuels and Lubricants for Czech Republic
FUELS0CZM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109.70
Year-over-Year Change
-9.34%
Date Range
12/1/1999 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Liquid Fuels and Fuels and Lubricants tracks changes in the prices of various fuel products in the Czech Republic. This index is a key economic indicator for monitoring inflation and consumer spending.
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 HICP for Liquid Fuels and Fuels and Lubricants is a subcategory of the broader HICP index, which measures the weighted average change in prices of a basket of consumer goods and services across the European Union. This specific index provides insight into price trends for fuels and lubricants, which are important inputs for economic activity.
Methodology
The data is collected through surveys of retail establishments and service providers in the Czech Republic.
Historical Context
Policymakers and analysts use this index to assess the impact of fuel prices on consumer inflation and household budgets.
Key Facts
- The base year for this index is 2015.
- Fuel and lubricant prices account for a significant portion of household budgets in the Czech Republic.
- Changes in this index can signal shifts in the cost of living and consumer purchasing power.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Liquid Fuels and Fuels and Lubricants measures changes in the prices of various fuel products in the Czech Republic.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into inflationary pressures and the impact of fuel prices on consumer spending and household budgets in the Czech Republic.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and service providers in the Czech Republic.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess the impact of fuel prices on consumer inflation and household budgets, which can inform economic policies and decisions.
Q: Are there update delays or limitations?
A: The HICP data is typically published on a monthly basis, but there may be some delays in the release of the latest figures.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Liquid Fuels and Fuels and Lubricants for Czech Republic (FUELS0CZM086NEST), retrieved from FRED.