Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for G7
G7CPGREN01GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.38
Year-over-Year Change
-166.01%
Date Range
1/1/1971 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Energy in the G7 countries measures changes in the prices of energy-related goods and services. This metric is crucial for understanding 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 G7 CPI for Energy tracks price movements of electricity, natural gas, heating oil, and motor fuels across the major industrialized economies. It provides insights into the cost of living and energy affordability for households.
Methodology
The data is collected through consumer surveys and compiled by national statistical agencies.
Historical Context
Policymakers and analysts use this index to assess the impact of energy prices on inflation and economic growth.
Key Facts
- The G7 countries are Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.
- Energy accounts for around 10% of the typical consumer's spending basket in G7 economies.
- Volatile energy prices can significantly impact overall inflation rates.
FAQs
Q: What does this economic trend measure?
A: The G7 CPI for Energy measures changes in the prices of electricity, natural gas, heating oil, and motor fuels across the major industrialized economies.
Q: Why is this trend relevant for users or analysts?
A: This metric provides crucial insights into inflationary pressures and consumer purchasing power, as energy is a significant component of household spending.
Q: How is this data collected or calculated?
A: The data is collected through consumer surveys and compiled by national statistical agencies.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess the impact of energy prices on inflation and economic growth.
Q: Are there update delays or limitations?
A: The data is typically published with a short lag, and may be subject to revisions as more information becomes available.
Related Trends
Balance of Payments: Secondary Income: Balance (Revenue Minus Expenditure) for G7
G7B6BLSI01CXCUQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 15 to 64 Years for G7
G7LFIN64FESTQ
Composite Leading Indicators: Reference Series (GDP) Ratio to Trend for G7
G7LORSGPRTSTSAM
Balance of Payments: Services: Balance (Revenue Minus Expenditure) for G7
G7B6BLSE01CXCUQ
Infra-Annual Labor Statistics: Labor Force Female: From 55 to 64 Years for G7
G7LFAC55FESTQ
Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for G7
G7LREM64TTSTQ
Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for G7 (G7CPGREN01GYM), retrieved from FRED.