Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Austria
CPGREN01ATQ659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.07
Year-over-Year Change
-89.77%
Date Range
1/1/1967 - 1/1/2025
Summary
The Consumer Price Index (CPI) for Energy in Austria measures changes in the prices of energy-related goods and services. It is a key indicator of inflationary pressures and a critical input for economic policy decisions.
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 CPI for Energy in Austria is a subcomponent of the broader Consumer Price Index that tracks price changes for a basket of energy-related goods and services, including electricity, natural gas, motor fuels, and other household energy sources. It is an important barometer of energy-specific inflation within the Austrian economy.
Methodology
The data is collected through surveys of consumer prices by the Austrian statistical agency.
Historical Context
Policymakers and analysts use this index to assess the impact of energy costs on overall inflation and consumer purchasing power.
Key Facts
- Austria's CPI for Energy has a base year of 2015.
- Energy accounts for around 10% of the total Austrian CPI basket.
- Volatile energy prices can significantly impact the overall CPI.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index for Energy in Austria measures changes in the prices of energy-related goods and services, including electricity, natural gas, and motor fuels.
Q: Why is this trend relevant for users or analysts?
A: The energy CPI is a critical indicator of energy-specific inflationary pressures and an important input for policymakers and analysts assessing the overall state of the Austrian economy.
Q: How is this data collected or calculated?
A: The data is collected through consumer price surveys conducted by the Austrian statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and economists use the energy CPI to understand the impact of energy costs on overall inflation and consumer purchasing power, informing monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The Austrian energy CPI is published monthly with minimal delays, providing timely data for analysis.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Austria (CPGREN01ATQ659N), retrieved from FRED.