Harmonized Index of Consumer Prices: Electricity, Gas, Solid Fuels and Heat Energy for Czech Republic
ELGAS0CZM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
198.50
Year-over-Year Change
-3.36%
Date Range
12/1/1999 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Electricity, Gas, Solid Fuels and Heat Energy for the Czech Republic measures the price changes of these energy sources over time. This index is a key indicator for policymakers and analysts monitoring consumer energy costs.
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
This index tracks the prices paid by Czech consumers for electricity, natural gas, solid fuels, and other heating energy sources. It is part of the broader Harmonized Index of Consumer Prices (HICP), which allows for cross-country comparisons of inflation across the European Union.
Methodology
The data is collected through regular surveys of Czech consumers and businesses by the Czech Statistical Office.
Historical Context
The HICP energy index is used by the European Central Bank and other policymakers to assess inflationary pressures and guide monetary policy decisions.
Key Facts
- The index has a base year of 2015 = 100.
- Energy costs make up about 15% of the total Czech HICP basket.
- Prices have risen by over 30% since 2015 according to the index.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Electricity, Gas, Solid Fuels and Heat Energy for the Czech Republic measures the price changes over time for these key consumer energy sources.
Q: Why is this trend relevant for users or analysts?
A: This index is a crucial indicator for monitoring inflationary pressures and consumer energy costs in the Czech economy, which is important for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of Czech consumers and businesses by the Czech Statistical Office.
Q: How is this trend used in economic policy?
A: The HICP energy index is used by the European Central Bank and other policymakers to assess inflationary pressures and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Electricity, Gas, Solid Fuels and Heat Energy for Czech Republic (ELGAS0CZM086NEST), retrieved from FRED.