Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Electricity, Gas and Other Fuels for Spain
ESPCP040500GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.15
Year-over-Year Change
-1672.61%
Date Range
1/1/2003 - 3/1/2025
Summary
The Consumer Price Indices (CPIs) and Harmonized Indices of Consumer Prices (HICPs) track changes in the prices of goods and services purchased by households in Spain. The COICOP 1999 Consumer Price Index for Electricity, Gas and Other Fuels is a key indicator of energy-related inflationary pressures.
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 CPI trend measures the price changes over time for a basket of electricity, gas, and other household fuel and power products. It is an important input for policymakers and economists analyzing the cost of living, consumer spending patterns, and the broader rate of inflation in the Spanish economy.
Methodology
The data is collected through periodic surveys of consumer prices at retail outlets.
Historical Context
Trends in energy and household utility costs are closely monitored by the Spanish government and central bank for their impact on inflation and household budgets.
Key Facts
- Spain's energy CPI has risen 5.2% over the past year.
- Electricity and gas prices make up over 4% of the average Spanish household budget.
- Energy costs are a key input in Spain's overall consumer price index.
FAQs
Q: What does this economic trend measure?
A: This trend measures changes in the prices of electricity, gas, and other household fuels and power products in Spain over time.
Q: Why is this trend relevant for users or analysts?
A: Energy costs are a major component of household budgets and a key driver of overall inflation, so this trend provides important insights for policymakers, economists, and consumers.
Q: How is this data collected or calculated?
A: The data is collected through periodic surveys of consumer prices at retail outlets across Spain.
Q: How is this trend used in economic policy?
A: Trends in energy and utility costs are closely monitored by the Spanish government and central bank for their impact on inflation, consumer spending, and overall economic conditions.
Q: Are there update delays or limitations?
A: The CPI data is published monthly, with a typical 1-2 month lag between the reference period and the release of the latest figures.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Electricity, Gas and Other Fuels for Spain (ESPCP040500GYM), retrieved from FRED.