Harmonized Index of Consumer Prices: Transport for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0700E3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
131.56
Year-over-Year Change
0.17%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Transport in the European Economic Area (EEA18-2004, EEA28-2006, EEA30) measures changes in the prices of transport-related goods and services in Europe. This key economic indicator helps assess consumer price inflation and 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 HICP for Transport is a subcomponent of the overall HICP, which is the standard measure of consumer price inflation in the European Union. The transport category covers a range of expenses including private vehicles, public transportation, and fuel prices.
Methodology
The HICP data is collected through surveys of retail prices and compiled by Eurostat.
Historical Context
The HICP Transport index is closely monitored by policymakers and analysts to gauge economic conditions and consumer behavior.
Key Facts
- The HICP Transport index has a base year of 2015 = 100.
- Transport accounts for approximately 13% of the overall HICP basket.
- The EEA includes the 27 EU member states plus Iceland, Liechtenstein, and Norway.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Transport measures changes in the prices of transport-related goods and services in the European Economic Area (EEA).
Q: Why is this trend relevant for users or analysts?
A: The HICP Transport index is a key indicator of consumer price inflation and purchasing power, providing important insights for policymakers, businesses, and households.
Q: How is this data collected or calculated?
A: The HICP data is collected through surveys of retail prices and compiled by Eurostat.
Q: How is this trend used in economic policy?
A: The HICP Transport index is closely monitored by policymakers and analysts to gauge economic conditions and consumer behavior in the European Union.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a typical one-month lag.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Transport for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (CP0700E3CCM086NEST), retrieved from FRED.