Harmonized Index of Consumer Prices: Combined Passenger Transport for Hungary
CP0735HUM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105.58
Year-over-Year Change
1.52%
Date Range
12/1/2000 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Combined Passenger Transport in Hungary measures price changes for various modes of public transportation used by consumers, providing insights into inflationary pressures and consumer spending patterns.
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 Combined Passenger Transport index tracks the prices paid by Hungarian consumers for bus, train, taxi, and other public transportation services. This metric is a key component of the overall HICP, which is used by the European Union to assess and compare inflation rates across member states.
Methodology
The data is collected through surveys of prices paid by consumers for a representative basket of transportation services.
Historical Context
Policymakers and analysts use this index to understand changes in the cost of living and the impact on household budgets.
Key Facts
- The HICP Combined Passenger Transport index is published monthly by Eurostat.
- Passenger transport accounts for approximately 5% of the total HICP basket in Hungary.
- Prices for public transportation services can impact overall inflation and consumer spending patterns.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Combined Passenger Transport in Hungary measures the changes in prices paid by consumers for various public transportation services, including bus, train, and taxi fares.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into inflationary pressures and changes in the cost of living for Hungarian consumers, as public transportation is a significant component of household budgets.
Q: How is this data collected or calculated?
A: The data is collected through surveys of prices paid by consumers for a representative basket of transportation services.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to understand changes in the cost of living and the impact on household budgets, which can inform decisions on monetary policy, fiscal policy, and social welfare programs.
Q: Are there update delays or limitations?
A: The HICP Combined Passenger Transport index for Hungary is published monthly by Eurostat with a typical one-month delay.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Combined Passenger Transport for Hungary (CP0735HUM086NEST), retrieved from FRED.