Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Portugal
PRTCP070000IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
124.61
Year-over-Year Change
1.26%
Date Range
1/1/1948 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Transport in Portugal measures the changes in prices for transportation-related goods and services. It is a key indicator used by economists and policymakers to assess inflation 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 Transport CPI for Portugal is part of the Harmonized Index of Consumer Prices (HICP) framework, which provides a standardized measure of inflation across European Union member states. This specific series tracks price changes in a variety of transportation-related costs, including private vehicle purchases, fuel, public transit fares, and other mobility expenses.
Methodology
The data is collected through a survey of consumer expenditures and prices by Portugal's National Statistics Institute.
Historical Context
Policymakers use this index to inform monetary and fiscal policies aimed at managing inflation and supporting economic stability.
Key Facts
- The base year for this index is 2015.
- Transportation accounts for approximately 13% of the HICP basket in Portugal.
- The index has risen by 9.2% over the past 12 months as of the latest data.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Transport in Portugal measures the changes in prices for a variety of transportation-related goods and services, including private vehicle purchases, fuel, public transit fares, and other mobility expenses.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator used by economists and policymakers to assess inflation and the overall cost of living in Portugal. It provides important insights into one of the major components of consumer spending.
Q: How is this data collected or calculated?
A: The data is collected through a survey of consumer expenditures and prices by Portugal's National Statistics Institute.
Q: How is this trend used in economic policy?
A: Policymakers use this index to inform monetary and fiscal policies aimed at managing inflation and supporting economic stability in Portugal.
Q: Are there update delays or limitations?
A: The index is published monthly with a typical delay of 2-3 weeks. There may be limitations in capturing rapid or unexpected changes in transportation costs.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Portugal (PRTCP070000IXOBM), retrieved from FRED.