Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Austria

AUTCP040000GYM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

5.20

Year-over-Year Change

24.99%

Date Range

1/1/1998 - 3/1/2025

Summary

The Consumer Price Index (CPI) for Housing, Water, Electricity, Gas and Other Fuels in Austria measures changes in the prices of these essential household goods and services. This trend is a key indicator of inflation and cost-of-living dynamics in the Austrian 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

The CPI for Housing, Water, Electricity, Gas and Other Fuels is a component of the broader Consumer Price Index, which tracks the average change in prices paid by consumers for a basket of goods and services. This specific index focuses on the prices of essential household utilities and is used to gauge inflationary pressures in this important sector of the Austrian economy.

Methodology

The data is collected by Statistics Austria through surveys of consumer prices and then aggregated into the CPI index.

Historical Context

Policymakers and analysts monitor this CPI component to assess the impact of utility costs on household budgets and overall inflation.

Key Facts

  • Austria's CPI for Housing, Water, Electricity, Gas and Other Fuels has a base year of 2015.
  • This CPI component makes up about 24% of the total Austrian CPI basket.
  • Trends in this index can impact monetary policy decisions by the European Central Bank.

FAQs

Q: What does this economic trend measure?

A: The Consumer Price Index (CPI) for Housing, Water, Electricity, Gas and Other Fuels in Austria measures changes in the prices of these essential household goods and services.

Q: Why is this trend relevant for users or analysts?

A: This CPI component is an important indicator of inflationary pressures and the cost of living in Austria, which is closely monitored by policymakers and economists.

Q: How is this data collected or calculated?

A: The data is collected by Statistics Austria through surveys of consumer prices and then aggregated into the CPI index.

Q: How is this trend used in economic policy?

A: Trends in this CPI component can influence monetary policy decisions by the European Central Bank as they assess overall inflationary dynamics in the Austrian and Eurozone economies.

Q: Are there update delays or limitations?

A: The CPI data is published monthly by Statistics Austria with a short lag, providing timely information on price movements in this sector.

Related Trends

Citation

U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Austria (AUTCP040000GYM), retrieved from FRED.