Harmonized Index of Consumer Prices: Liquid Fuels and Fuels and Lubricants for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
FUELS0E3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
132.79
Year-over-Year Change
-5.51%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Liquid Fuels and Fuels and Lubricants tracks the prices paid by consumers in the European Economic Area (EEA) for these energy products.
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 HICP is a composite price index used to measure inflation across the EEA. This particular series focuses on the prices of refined petroleum products like gasoline, diesel, and lubricants, which are important inputs for transportation, manufacturing, and home heating.
Methodology
The data is collected through surveys of retailers and service providers across the EEA member states.
Historical Context
Policymakers and analysts use this index to monitor inflationary pressures and the impact of energy costs on the broader economy.
Key Facts
- The EEA includes 30 countries as of 2022.
- Liquid fuels and lubricants account for around 5% of the overall HICP basket.
- Prices for these products can significantly impact consumer spending and business costs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the Harmonized Index of Consumer Prices (HICP) for liquid fuels and fuels and lubricants across the European Economic Area (EEA).
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into inflationary pressures and the cost of key energy inputs for consumers and businesses in the EEA.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers and service providers across the EEA member states.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to monitor energy-related inflationary pressures and the broader impact on the EEA economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 2-week lag from the reference period.
Related Trends
Harmonized Index of Consumer Prices: Other Purchased Transport Services for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0736E3CCM086NEST
Harmonized Index of Consumer Prices: Maintenance and Repair of Other Major Durables for Recreation and Culture for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0923E3CCM086NEST
Harmonized Index of Consumer Prices: Non-Durable Household Goods for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0561E3CCM086NEST
Harmonized Index of Consumer Prices: Overall Index Excluding Alcohol and Tobacco for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
00XALCE3CCM086NEST
Harmonized Index of Consumer Prices: Purchase of Vehicles for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0710E3CCM086NEST
Harmonized Index of Consumer Prices: Passenger Transport by Air for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0733E3CCM086NEST
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Liquid Fuels and Fuels and Lubricants for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (FUELS0E3CCM086NEST), retrieved from FRED.