Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Slovak Republic
CPGREN01SKM659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.54
Year-over-Year Change
-910.05%
Date Range
1/1/1996 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Energy in Slovakia measures changes in the prices of energy-related goods and services. It is a key indicator of inflationary pressures and an important metric for policymakers and analysts.
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 Slovakia tracks the prices of a basket of energy-related products, including electricity, natural gas, heating oil, and automotive fuels. It is a subcomponent of the overall CPI and provides insight into cost-of-living dynamics for Slovak households.
Methodology
The data is collected through surveys of retailers and service providers across the country.
Historical Context
The CPI for Energy is used to adjust social benefits, wages, and other economic variables, and to inform monetary policy decisions.
Key Facts
- The CPI for Energy in Slovakia has a base year of 2015.
- Energy accounts for approximately 13% of the total Slovak CPI basket.
- Prices for energy-related goods and services have been a major driver of overall inflation in Slovakia in recent years.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Energy in Slovakia tracks changes in the prices of a basket of energy-related goods and services, including electricity, natural gas, heating oil, and automotive fuels.
Q: Why is this trend relevant for users or analysts?
A: The CPI for Energy is an important indicator of inflationary pressures and cost-of-living dynamics for Slovak households. It is used to adjust social benefits, wages, and other economic variables, and to inform monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers and service providers across Slovakia.
Q: How is this trend used in economic policy?
A: The CPI for Energy is used by policymakers, economists, and market analysts to assess inflationary pressures and adjust economic variables like social benefits and wages.
Q: Are there update delays or limitations?
A: The CPI for Energy in Slovakia is published monthly with a lag of approximately two weeks.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Slovak Republic (CPGREN01SKM659N), retrieved from FRED.