Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Germany
CPGREN01DEA659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3.11
Year-over-Year Change
-154.01%
Date Range
1/1/1963 - 1/1/2024
Summary
The Consumer Price Index (CPI) for Energy in Germany measures the change in prices paid by consumers for energy-related goods and services. It is a key indicator of inflation and an important benchmark 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 Germany is a component of the broader Consumer Price Index (CPI), which tracks the prices of a basket of consumer goods and services. The energy CPI specifically monitors the costs of electricity, natural gas, heating oil, and motor fuels.
Methodology
The German Federal Statistical Office collects price data from a representative sample of businesses and households to calculate the CPI for Energy.
Historical Context
Policymakers and analysts use the energy CPI to assess inflationary pressures and make decisions about monetary and fiscal policies.
Key Facts
- The energy CPI is a component of the overall German CPI.
- Energy costs account for a significant portion of household budgets.
- The energy CPI is a key indicator of inflationary pressures.
FAQs
Q: What does this economic trend measure?
A: The CPI for Energy in Germany measures the change in prices paid by consumers for energy-related goods and services, including electricity, natural gas, heating oil, and motor fuels.
Q: Why is this trend relevant for users or analysts?
A: The energy CPI is an important indicator of inflationary pressures and a key benchmark for economic policymakers in Germany.
Q: How is this data collected or calculated?
A: The German Federal Statistical Office collects price data from a representative sample of businesses and households to calculate the CPI for Energy.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the energy CPI to assess inflationary pressures and make decisions about monetary and fiscal policies in Germany.
Q: Are there update delays or limitations?
A: The energy CPI data is typically published on a monthly basis, with some potential for minor delays in data reporting.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Germany (CPGREN01DEA659N), retrieved from FRED.