Harmonized Index of Consumer Prices: Passenger Transport by Railway for Czech Republic
CP0731CZM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
138.90
Year-over-Year Change
4.36%
Date Range
12/1/1999 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Passenger Transport by Railway for the Czech Republic measures the change in prices paid by consumers for rail transportation services. This indicator is crucial for understanding overall inflation 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) tracks the changes in the prices of a basket of consumer goods and services. The Passenger Transport by Railway component specifically monitors price fluctuations in rail transport, providing insight into a key consumer expenditure category.
Methodology
The data is collected through surveys of consumers and retailers by the Czech Statistical Office.
Historical Context
This index informs policymakers and analysts about inflationary pressures and consumer behavior.
Key Facts
- The base year for the index is 2015 = 100.
- Rail transport accounts for approximately 1.5% of the Czech consumer price basket.
- Prices are collected monthly from a sample of providers across the country.
FAQs
Q: What does this economic trend measure?
A: This index measures the change in prices paid by Czech consumers for passenger rail transportation services over time.
Q: Why is this trend relevant for users or analysts?
A: The Passenger Transport by Railway index provides insight into a key component of consumer spending and helps assess overall inflationary pressures in the Czech economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of consumers and retailers by the Czech Statistical Office.
Q: How is this trend used in economic policy?
A: This index informs policymakers and analysts about consumer behavior and inflationary trends, which can guide monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 2-3 weeks from the reference period.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Passenger Transport by Railway for Czech Republic (CP0731CZM086NEST), retrieved from FRED.