Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Fuels and Lubricants for Personal Transport Equipment for Czechia
CZECP070200GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-13.39
Year-over-Year Change
-259.34%
Date Range
1/1/1996 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Fuels and Lubricants for Personal Transport Equipment in Czechia measures changes in the prices paid by consumers for fuel and lubricants used for personal vehicles. This metric is a key indicator of inflation 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 CPI for Fuels and Lubricants for Personal Transport Equipment tracks the cost of fuel, oil, and other consumables required to operate private vehicles in Czechia. This index is an important input for policymakers and analysts assessing the overall cost of living and transportation-related inflationary pressures.
Methodology
The Czech Statistical Office collects price data from a sample of fuel retailers and service stations to calculate this index.
Historical Context
Fluctuations in this CPI component can influence consumer spending, transportation costs, and broader economic trends.
Key Facts
- Czechia's CPI for Fuels and Lubricants has increased by 25% over the past 5 years.
- This index accounts for approximately 5% of the total Czech Consumer Price Index.
- Fuel costs are a significant expense for many Czech households and businesses.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the prices paid by Czech consumers for fuel, oil, and other consumables required to operate personal vehicles.
Q: Why is this trend relevant for users or analysts?
A: Fluctuations in fuel and lubricant prices can have a significant impact on consumer spending, transportation costs, and broader economic conditions.
Q: How is this data collected or calculated?
A: The Czech Statistical Office collects price data from a sample of fuel retailers and service stations to calculate this index.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this CPI component to assess inflationary pressures in the transportation sector and inform decisions on fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The Czech CPI for Fuels and Lubricants is published monthly with a typical 2-week delay, and may be subject to revisions.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Fuels and Lubricants for Personal Transport Equipment for Czechia (CZECP070200GYM), retrieved from FRED.