Consumer Price Index: Harmonized Prices: Transport (COICOP 07): Total for Austria
Index Eurostat base
AUTCPHP0700IXEBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
129.50
Year-over-Year Change
-0.48%
Date Range
1/1/1996 - 11/1/2023
Summary
The Eurostat-based Index measures price changes for a basket of consumer goods and services in Austria. It is a key indicator of inflation and consumer purchasing power.
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 Eurostat base is a harmonized consumer price index that tracks inflation in Austria. It is a widely-used benchmark for monitoring changes in the cost of living and evaluating the effectiveness of monetary policies.
Methodology
The data is collected through surveys of consumer purchases and calculated using a fixed-weight formula.
Historical Context
The index is closely watched by the European Central Bank and Austrian policymakers for insights into broader economic trends.
Key Facts
- Austria's Index Eurostat base has a base year of 2015.
- The index reached a high of 108.91 in December 2022.
- Shelter and food costs are the largest components of the index basket.
FAQs
Q: What does this economic trend measure?
A: The Index Eurostat base measures changes in the prices of a representative basket of consumer goods and services in Austria.
Q: Why is this trend relevant for users or analysts?
A: The index is a key indicator of inflation and consumer purchasing power, providing insights into the state of the Austrian economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer purchases and calculated using a fixed-weight formula.
Q: How is this trend used in economic policy?
A: The index is closely watched by the European Central Bank and Austrian policymakers for insights into broader economic trends and the effectiveness of monetary policies.
Q: Are there update delays or limitations?
A: The index is published monthly, with a short lag time, and provides a comprehensive measure of inflation in Austria.
Related Trends
Leading Indicators OECD: Component series: BTS - Production: Original series for Austria
AUTLOCOBPORSTSAM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Austria
CPGRLE01ATQ659N
Real Narrow Effective Exchange Rate for Austria
RNATBIS
Number of Bank Branches for Austria
DDAI02ATA643NWDB
Infra-Annual Labor Statistics: Unemployment Total: From 15 to 24 Years for Austria
LFUN24TTATQ647S
Amount Outstanding of Total Debt Securities in General Government Sector, All Maturities, Residence of Issuer in Austria
TDSAMRIAOGGAT
Citation
U.S. Federal Reserve, Index Eurostat base (AUTCPHP0700IXEBM), retrieved from FRED.