Harmonized Index of Consumer Prices: Passenger Transport by Railway for European Union (27 Countries from 2020)
CP0731EU272020M086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
118.91
Year-over-Year Change
4.41%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Passenger Transport by Railway in the European Union (27 countries) tracks changes in the prices that consumers pay for train travel 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 measure inflation and changes in the overall cost of living. The Passenger Transport by Railway component specifically monitors price trends in this important transportation sector.
Methodology
The data is collected through surveys of consumers and businesses to track actual transaction prices.
Historical Context
HICP data informs monetary policy decisions by the European Central Bank.
Key Facts
- The HICP is published monthly by Eurostat.
- Railway transport has a weight of 1.38% in the overall HICP basket.
- The HICP is harmonized across EU member states for comparability.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Passenger Transport by Railway tracks changes in the prices that consumers pay for train travel services in the European Union.
Q: Why is this trend relevant for users or analysts?
A: The HICP is a key indicator of inflation and changes in the overall cost of living, and the Passenger Transport by Railway component provides important insights into price trends in this critical transportation sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumers and businesses to track actual transaction prices.
Q: How is this trend used in economic policy?
A: HICP data informs monetary policy decisions by the European Central Bank.
Q: Are there update delays or limitations?
A: The HICP is published monthly by Eurostat with no significant update delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Passenger Transport by Railway for European Union (27 Countries from 2020) (CP0731EU272020M086NEST), retrieved from FRED.