Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Fuels and Lubricants for Personal Transport Equipment for Estonia
ESTCP070200IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
143.55
Year-over-Year Change
-10.95%
Date Range
1/1/1998 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Fuels and Lubricants for Personal Transport Equipment in Estonia measures the price changes of fuels and lubricants used for personal transportation. This indicator is crucial for understanding consumer spending and inflation trends in the country.
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 is a subcomponent of the broader Consumer Price Index, which tracks the average change in prices paid by consumers for a basket of goods and services. This specific index focuses on the prices of fuels and lubricants used for personal vehicles, providing insights into consumer transportation costs.
Methodology
The data is collected by Estonia's national statistical agency through a survey of retail prices.
Historical Context
This index is used by policymakers and economists to assess inflationary pressures and inform decisions on monetary and fiscal policies.
Key Facts
- The base year for the index is 2015.
- Fuels and lubricants account for around 4% of the total CPI basket in Estonia.
- Prices of fuels and lubricants can significantly impact household budgets and consumer spending.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Fuels and Lubricants for Personal Transport Equipment in Estonia measures the changes in prices for fuels and lubricants used for personal vehicles.
Q: Why is this trend relevant for users or analysts?
A: This index is important for understanding consumer spending and inflationary pressures, as fuel and lubricant costs can significantly impact household budgets and overall consumer behavior.
Q: How is this data collected or calculated?
A: The data is collected by Estonia's national statistical agency through a survey of retail prices.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this index to assess inflationary pressures and inform decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is typically released with a short delay, and may be subject to revisions as more information becomes available.
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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 Estonia (ESTCP070200IXOBM), retrieved from FRED.