Harmonized Index of Consumer Prices: Gas for Germany
CP0452DEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
178.90
Year-over-Year Change
-1.76%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices: Gas for Germany measures the changes in the prices paid by German consumers for gas. This key economic indicator provides insights into inflationary pressures 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 Harmonized Index of Consumer Prices (HICP) is a standardized measure of inflation used across the European Union. The Gas for Germany component specifically tracks price changes for household natural gas consumption, a critical expenditure for German consumers.
Methodology
The data is collected through surveys of German retailers and households and aggregated by Eurostat.
Historical Context
Policymakers and analysts use this index to assess the state of the German economy and inform monetary and fiscal decisions.
Key Facts
- Gas accounts for over 3% of the German consumer price index basket.
- Prices have risen over 25% in the past year due to global energy market volatility.
- Germany is the largest natural gas consumer in the European Union.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Gas for Germany measures the changes in the prices paid by German consumers for natural gas, a key household expenditure.
Q: Why is this trend relevant for users or analysts?
A: This index provides crucial insights into inflationary pressures and consumer purchasing power in the German economy, informing policymaking and market analysis.
Q: How is this data collected or calculated?
A: The data is collected through surveys of German retailers and households and aggregated by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this index to assess the state of the German economy and inform monetary and fiscal decisions.
Q: Are there update delays or limitations?
A: The index is published monthly with a lag of approximately two weeks, providing timely data for analysts.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Gas for Germany (CP0452DEM086NEST), retrieved from FRED.