Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Electricity, Gas and Other Fuels: Total for Austria
AUTCP040500GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.12
Year-over-Year Change
253.48%
Date Range
4/1/1997 - 7/1/2023
Summary
The Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Electricity, Gas and Other Fuels: Total for Austria measures changes in the prices of electricity, gas, and other household energy sources in Austria.
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 is a key indicator of inflationary pressures and consumer spending related to utilities and household energy. It is closely monitored by policymakers, economists, and households to understand cost-of-living trends and the impact on consumer budgets.
Methodology
The data is collected through surveys of households and retailers by the Austrian statistical agency.
Historical Context
The index is used to inform monetary and fiscal policies, as well as market analysis of the energy sector.
Key Facts
- The index has a base year of 2015.
- Energy costs account for about 10% of the average Austrian household budget.
- Prices have risen by 25% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the prices of electricity, gas, and other household energy sources in Austria.
Q: Why is this trend relevant for users or analysts?
A: The index is a key indicator of inflationary pressures and consumer spending related to utilities and household energy, which is closely monitored by policymakers, economists, and households.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and retailers by the Austrian statistical agency.
Q: How is this trend used in economic policy?
A: The index is used to inform monetary and fiscal policies, as well as market analysis of the energy sector.
Q: Are there update delays or limitations?
A: The index is published monthly with a short delay, and it may not capture all regional or seasonal variations in energy prices.
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Citation
U.S. Federal Reserve, Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Electricity, Gas and Other Fuels: Total for Austria (AUTCP040500GPQ), retrieved from FRED.