Harmonized Index of Consumer Prices: Transport for Austria
CP0700ATM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
132.96
Year-over-Year Change
0.61%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Transport in Austria measures changes in the prices of transportation-related goods and services for Austrian consumers. This key economic indicator helps policymakers and analysts understand trends in consumer spending and inflation.
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 for Transport in Austria is a component of the overall HICP, which is the standard measure of consumer price inflation in the Eurozone. The transport category includes items like motor fuels, public transportation, and vehicle purchases and maintenance.
Methodology
The data is collected through surveys of Austrian households and businesses.
Historical Context
The HICP for Transport is used by the European Central Bank and other institutions to inform monetary policy decisions.
Key Facts
- Austria's HICP for Transport has increased by 8.2% over the past year.
- Motor fuels account for the largest share of the transport HICP basket.
- The transport component makes up over 15% of Austria's total HICP.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Transport in Austria measures changes in the prices of transportation-related goods and services for Austrian consumers.
Q: Why is this trend relevant for users or analysts?
A: The HICP for Transport is a key component of overall consumer price inflation and helps policymakers and analysts understand trends in household spending and transportation costs.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Austrian households and businesses.
Q: How is this trend used in economic policy?
A: The HICP for Transport is used by the European Central Bank and other institutions to inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a lag of around two weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Transport for Austria (CP0700ATM086NEST), retrieved from FRED.