Harmonized Index of Consumer Prices: Energy for Czech Republic
ENRGY0CZM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
172.80
Year-over-Year Change
-5.05%
Date Range
12/1/1999 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Energy for Czech Republic measures changes in the prices of energy products consumed by households in the country. This metric is a key indicator of inflationary pressures and consumer purchasing power.
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 Harmonized Index of Consumer Prices (HICP) is a standardized measure of inflation used across the European Union. The energy component of this index specifically tracks prices for household fuels, electricity, and transportation fuels, providing insights into energy-related costs for Czech consumers.
Methodology
The Czech Statistical Office collects price data from a representative sample of retail outlets to calculate the HICP energy index.
Historical Context
Policymakers and market analysts closely monitor the HICP energy index to assess the impact of energy prices on broader economic conditions.
Key Facts
- The HICP energy index has a base year of 2015.
- Energy accounts for approximately 10% of the total Czech HICP basket.
- Prices are collected from over 20,000 retail outlets across the country.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Energy for Czech Republic measures changes in the prices of energy products consumed by households, including fuels, electricity, and transportation.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into energy-related inflationary pressures and the impact on consumer purchasing power, which is crucial for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The Czech Statistical Office collects price data from a representative sample of retail outlets to calculate the HICP energy index.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor the HICP energy index to assess the impact of energy prices on broader economic conditions and make informed decisions.
Q: Are there update delays or limitations?
A: The HICP energy index for Czech Republic is published monthly with a typical delay of 2-3 weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Energy for Czech Republic (ENRGY0CZM086NEST), retrieved from FRED.