Harmonized Index of Consumer Prices: Liquid Fuels and Fuels and Lubricants for Romania
FUELS0ROM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
133.83
Year-over-Year Change
2.00%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Liquid Fuels and Fuels and Lubricants for Romania is a key measure of inflation for liquid fuels and transportation fuels in the Romanian 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
This index tracks the monthly changes in the prices paid by Romanian consumers for a basket of liquid fuels, including gasoline, diesel, and heating oil, as well as fuels and lubricants for personal transportation. It is a crucial indicator for understanding the cost-of-living pressures faced by households.
Methodology
The data is collected by Romania's National Institute of Statistics through a nationwide survey of consumer prices.
Historical Context
Policymakers and analysts use this index to assess inflationary trends and the impact on Romanian households and businesses.
Key Facts
- Romania's index for liquid fuels and transportation fuels has a base year of 2015.
- Liquid fuels and transportation fuels account for a significant portion of the average Romanian household's budget.
- This index is part of the Harmonized Index of Consumer Prices (HICP) framework used across the European Union.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Liquid Fuels and Fuels and Lubricants for Romania measures the monthly changes in the prices paid by Romanian consumers for a basket of liquid fuels and transportation fuels.
Q: Why is this trend relevant for users or analysts?
A: This index is a crucial indicator for understanding the cost-of-living pressures faced by Romanian households, as liquid fuels and transportation fuels account for a significant portion of the average household's budget.
Q: How is this data collected or calculated?
A: The data is collected by Romania's National Institute of Statistics through a nationwide survey of consumer prices.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess inflationary trends and the impact on Romanian households and businesses, informing decisions on fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The index is published monthly, with a typical delay of 2-3 weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Liquid Fuels and Fuels and Lubricants for Romania (FUELS0ROM086NEST), retrieved from FRED.