Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Hungary
Index 2015=100
HUNCPIENGAINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
156.48
Year-over-Year Change
27.11%
Date Range
1/1/1990 - 1/1/2024
Summary
The Index 2015=100 measures changes in the consumer price index (CPI) for energy goods and services in Hungary, with 2015 as the base year. This key economic indicator helps assess inflation and cost-of-living trends.
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 Index 2015=100 tracks price fluctuations over time for a basket of energy-related consumer goods and services in Hungary, including electricity, natural gas, and other household fuels. Economists and policymakers use this index to gauge energy-driven inflationary pressures and inform decisions around monetary and fiscal policies.
Methodology
The data is collected through surveys of consumer purchases and calculated by Hungary's Central Statistical Office.
Historical Context
The Index 2015=100 is an important input for Hungary's central bank and government in setting energy policies and assessing the broader state of the economy.
Key Facts
- The base year for the index is 2015.
- Energy accounts for around 13% of the Hungarian consumer price index basket.
- The index reached a high of 179.4 in June 2022 amid surging global energy prices.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100 tracks changes in consumer prices for energy goods and services in Hungary, with 2015 as the base year.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of energy-driven inflationary pressures in Hungary, helping economists and policymakers assess the cost of living and make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected through consumer purchase surveys by Hungary's Central Statistical Office and calculated as an index with 2015 as the base year.
Q: How is this trend used in economic policy?
A: The Index 2015=100 is an important input for Hungary's central bank and government in setting energy policies and evaluating the broader state of the economy.
Q: Are there update delays or limitations?
A: The index is published monthly by the Central Statistical Office, with a typical release lag of 1-2 months.
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Citation
U.S. Federal Reserve, Index 2015=100 (HUNCPIENGAINMEI), retrieved from FRED.