Harmonized Index of Consumer Prices: Electricity for Portugal

CP0451PTM086NEST • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

115.05

Year-over-Year Change

-3.01%

Date Range

1/1/1996 - 6/1/2025

Summary

The Harmonized Index of Consumer Prices (HICP) for Electricity in Portugal measures changes in the price level of electricity for household consumption. It is a key indicator for monitoring inflation and consumer purchasing power in Portugal.

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 HICP is a European-wide standardized measure of inflation that allows for cross-country comparisons. The Electricity HICP specifically tracks price movements in the electricity market, which is an important component of overall household expenditures.

Methodology

The data is collected through a survey of households and businesses by Portugal's National Statistical Institute.

Historical Context

The Electricity HICP is used by policymakers and economists to assess the impact of energy prices on inflation and consumer welfare.

Key Facts

  • Electricity accounts for around 3% of the typical Portuguese household's consumption basket.
  • The Electricity HICP reached a record high in 2022 amid rising energy costs.
  • Portugal's Electricity HICP is closely monitored by the European Central Bank.

FAQs

Q: What does this economic trend measure?

A: The Harmonized Index of Consumer Prices (HICP) for Electricity in Portugal measures changes in the price level of electricity for household consumption.

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

A: The Electricity HICP is an important indicator for monitoring inflation and consumer purchasing power in Portugal, as electricity is a significant component of household expenditures.

Q: How is this data collected or calculated?

A: The data is collected through a survey of households and businesses by Portugal's National Statistical Institute.

Q: How is this trend used in economic policy?

A: The Electricity HICP is used by policymakers and economists to assess the impact of energy prices on inflation and consumer welfare in Portugal.

Q: Are there update delays or limitations?

A: The Electricity HICP data is published monthly with a lag, and may be subject to revisions by the statistical agency.

Related Trends

Citation

U.S. Federal Reserve, Harmonized Index of Consumer Prices: Electricity for Portugal (CP0451PTM086NEST), retrieved from FRED.