Harmonized Index of Consumer Prices: Passenger Transport by Road for Austria
CP0732ATM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
142.59
Year-over-Year Change
-0.91%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP): Passenger Transport by Road for Austria measures the changes in the prices paid by Austrian consumers for road passenger transportation services over time. This metric is a key indicator of inflation and consumer spending patterns in the transportation sector.
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: Passenger Transport by Road for Austria is a subcomponent of the broader HICP, which is the European Union's primary measure of consumer price inflation. This specific index tracks the prices of services like bus, taxi, and other road-based passenger transportation within Austria.
Methodology
The data is collected through a survey of prices from various transportation providers across Austria.
Historical Context
Policymakers and economists use this index to monitor inflationary pressures and consumer behavior in the transportation sector.
Key Facts
- Austria's HICP: Passenger Transport by Road has a base year of 2015.
- This index is published monthly by Eurostat.
- Road transport accounts for a significant portion of household spending in Austria.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP): Passenger Transport by Road for Austria measures the changes in prices paid by Austrian consumers for road-based passenger transportation services over time.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflation and consumer spending patterns in the transportation sector, which is important for policymakers and economists to monitor.
Q: How is this data collected or calculated?
A: The data is collected through a survey of prices from various transportation providers across Austria.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this index to monitor inflationary pressures and consumer behavior in the transportation sector, which can inform policy decisions.
Q: Are there update delays or limitations?
A: This index is published monthly by Eurostat, so there may be a short delay in the most recent data being available.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Passenger Transport by Road for Austria (CP0732ATM086NEST), retrieved from FRED.