Harmonized Index of Consumer Prices: Gas for Portugal
CP0452PTM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
128.13
Year-over-Year Change
3.82%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Gas for Portugal measures the monthly change in the cost of gasoline for consumers in Portugal. This metric is a key indicator of inflation and consumer spending patterns in the Portuguese 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 Harmonized Index of Consumer Prices (HICP) tracks the changes in the prices of a basket of consumer goods and services across the European Union. The Gas for Portugal series specifically monitors the price trends for gasoline, a crucial household and transportation expense.
Methodology
The data is collected through surveys of retail fuel prices and calculated according to Eurostat's HICP methodology.
Historical Context
The HICP Gas for Portugal index is used by policymakers, analysts, and consumers to assess inflationary pressures and consumer confidence in the Portuguese market.
Key Facts
- Portugal is a member of the Eurozone.
- Gasoline is a major household expense for Portuguese consumers.
- The HICP is a standardized inflation measure across the EU.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Gas for Portugal measures the monthly change in the retail price of gasoline for consumers in Portugal.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflation and consumer spending patterns in the Portuguese economy, providing important insights for policymakers, analysts, and consumers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail fuel prices and calculated according to Eurostat's standardized HICP methodology.
Q: How is this trend used in economic policy?
A: The HICP Gas for Portugal index is used by the European Central Bank and Portuguese officials to assess inflationary pressures and consumer confidence in the Portuguese market.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a lag of approximately two weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Gas for Portugal (CP0452PTM086NEST), retrieved from FRED.