Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Czechia
CZECPIENGMINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
171.70
Year-over-Year Change
-5.30%
Date Range
1/1/1995 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Energy in Czechia tracks changes in the prices of energy-related goods and services consumed by households. This metric is a key indicator of inflationary pressures and energy cost-of-living dynamics in the Czech economy.
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 Energy CPI for Czechia is a subcomponent of the broader Consumer Price Index, which measures price changes across a representative basket of consumer goods and services. The Energy CPI specifically focuses on the prices of fuels, electricity, gas, and other energy inputs that impact Czech households.
Methodology
The data is collected through surveys of consumer expenditures and prices by the Czech Statistical Office.
Historical Context
Policymakers and economists monitor the Energy CPI to assess energy-driven inflation and make informed decisions about monetary, fiscal, and energy policies.
Key Facts
- The Energy CPI is a subcomponent of the broader Czech Consumer Price Index.
- Energy costs are a significant portion of household budgets in Czechia.
- Monitoring the Energy CPI helps policymakers assess energy-driven inflation.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Energy in Czechia tracks changes in the prices of energy-related goods and services consumed by households.
Q: Why is this trend relevant for users or analysts?
A: The Energy CPI is a key indicator of inflationary pressures and energy cost-of-living dynamics in the Czech economy, making it relevant for policymakers, economists, and consumers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and prices by the Czech Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor the Energy CPI to assess energy-driven inflation and make informed decisions about monetary, fiscal, and energy policies.
Q: Are there update delays or limitations?
A: The Energy CPI data is subject to the same update schedule and potential limitations as the broader Czech Consumer Price Index.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Czechia (CZECPIENGMINMEI), retrieved from FRED.