Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Israel
ISRCP070000GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.32
Year-over-Year Change
-67.99%
Date Range
1/1/1986 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Transport in Israel measures the change in prices paid by consumers for a basket of transportation-related goods and services. This key economic indicator is closely monitored by policymakers and analysts to assess inflationary pressures.
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 Transport in Israel is a component of the broader Consumer Price Index, which tracks the average change in prices paid by consumers across a variety of expenditure categories. The Transport CPI specifically measures price changes for items like fuel, public transportation, and vehicle maintenance.
Methodology
The data is collected through a nationwide survey of consumer expenditures and prices.
Historical Context
The Transport CPI is a crucial input for monetary and fiscal policy decisions in Israel.
Key Facts
- The base year for the Israel CPI is 2015.
- Transportation accounts for approximately 12% of the overall Israeli consumer price basket.
- The Transport CPI reached its highest level in June 2022.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Transport in Israel measures the change in prices paid by consumers for a basket of transportation-related goods and services.
Q: Why is this trend relevant for users or analysts?
A: The Transport CPI is a key indicator of inflationary pressures in the Israeli economy and is closely monitored by policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer expenditures and prices.
Q: How is this trend used in economic policy?
A: The Transport CPI is a crucial input for monetary and fiscal policy decisions in Israel.
Q: Are there update delays or limitations?
A: The Transport CPI data is published on a monthly basis with no significant update delays.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Israel (ISRCP070000GYM), retrieved from FRED.