Harmonized Index of Consumer Prices: Transport for Germany
CP0700DEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
133.00
Year-over-Year Change
1.53%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Transport for Germany measures the changes in the prices of transportation goods and services in Germany. This key economic indicator is closely monitored by policymakers and analysts to assess 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 Transport component specifically tracks the costs of private and public transportation, including fuel, vehicles, and fares. This data provides insights into a crucial segment of consumer spending and cost-of-living changes.
Methodology
The German statistical agency collects price data from a representative sample of businesses and services to calculate the HICP.
Historical Context
The Transport HICP is a leading input for the European Central Bank's monetary policy decisions.
Key Facts
- The Transport HICP accounts for around 15% of the overall German consumer price index.
- Fuel prices are a major component, making the index sensitive to global oil market fluctuations.
- The index is published monthly, with a lag of approximately 2 weeks.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Transport for Germany measures changes in the prices of transportation goods and services, including fuel, vehicles, and fares.
Q: Why is this trend relevant for users or analysts?
A: This index provides key insights into inflationary pressures and consumer purchasing power, making it a closely watched indicator for policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The German statistical agency collects price data from a representative sample of businesses and services to calculate the Harmonized Index of Consumer Prices.
Q: How is this trend used in economic policy?
A: The Transport HICP is a leading input for the European Central Bank's monetary policy decisions, as it reflects a crucial segment of consumer spending and cost-of-living changes.
Q: Are there update delays or limitations?
A: The index is published monthly, with a lag of approximately 2 weeks, and may be subject to revisions.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Transport for Germany (CP0700DEM086NEST), retrieved from FRED.