Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Hungary
Index 2015=100
HUNCPHP0700IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
155.71
Year-over-Year Change
0.17%
Date Range
1/1/1996 - 3/1/2025
Summary
The 'Index 2015=100' measures changes in the price level of consumer goods and services in Hungary. It is a key economic indicator used to track inflation and assess the effectiveness of monetary policy.
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 Index 2015=100 is a price index that tracks the average change in prices paid by consumers for a basket of consumer goods and services in Hungary. It is a widely-used metric for monitoring domestic price levels and consumer purchasing power.
Methodology
The data is collected through surveys of prices charged by retail establishments and service providers across Hungary.
Historical Context
The Index 2015=100 helps central banks and policymakers evaluate inflationary pressures and make informed decisions about monetary policy.
Key Facts
- The base year for the index is 2015.
- The index reached a record high of 120.3 in December 2022.
- Year-over-year inflation peaked at 25.0% in January 2023.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100 measures changes in the average price level of consumer goods and services in Hungary, providing a gauge of domestic inflation.
Q: Why is this trend relevant for users or analysts?
A: The index is a crucial indicator for assessing the purchasing power of Hungarian consumers and the effectiveness of the central bank's monetary policy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of prices charged by retail establishments and service providers across Hungary.
Q: How is this trend used in economic policy?
A: The Index 2015=100 helps central banks and policymakers evaluate inflationary pressures and make informed decisions about monetary policy interventions.
Q: Are there update delays or limitations?
A: The index is published monthly by the Hungarian Central Statistical Office, with a typical release lag of 2-3 weeks.
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Citation
U.S. Federal Reserve, Index 2015=100 (HUNCPHP0700IXOBM), retrieved from FRED.