Harmonized Index of Consumer Prices: Passenger Transport by Railway for Austria
CP0731ATM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116.39
Year-over-Year Change
5.97%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Passenger Transport by Railway in Austria measures the changes in the prices paid by Austrian consumers for rail transportation services.
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 is a key economic indicator used to track inflation across the Eurozone. The Passenger Transport by Railway component provides insights into the cost of rail travel, which is an important consumer good and can reflect broader economic conditions.
Methodology
The Austrian statistical agency collects price data from a representative sample of rail service providers to calculate this HICP sub-index.
Historical Context
Policymakers and analysts monitor this and other HICP trends to assess price stability and inform monetary policy decisions.
Key Facts
- Austria is a member of the Eurozone.
- Rail transport is a major mode of passenger travel in Austria.
- The HICP is published monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: This trend measures changes in the prices paid by Austrian consumers for rail transportation services, as part of the broader Harmonized Index of Consumer Prices (HICP).
Q: Why is this trend relevant for users or analysts?
A: The Passenger Transport by Railway HICP provides important insights into inflationary pressures and consumer behavior in Austria, which is relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The Austrian statistical agency collects price data from a representative sample of rail service providers to calculate this HICP sub-index.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this and other HICP trends to assess price stability and inform monetary policy decisions in the Eurozone.
Q: Are there update delays or limitations?
A: The HICP data is published monthly by Eurostat, with typical release lags of several weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Passenger Transport by Railway for Austria (CP0731ATM086NEST), retrieved from FRED.