Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Hungary
HUNCPIENGQINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
160.17
Year-over-Year Change
34.20%
Date Range
1/1/1990 - 1/1/2025
Summary
The Consumer Price Index (CPI) for Energy in Hungary tracks changes in the prices of energy-related goods and services, providing insights into the country's energy inflation dynamics.
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 Energy in Hungary is a subcomponent of the overall Consumer Price Index, focused specifically on energy-related expenditures. It serves as an important indicator for policymakers and analysts monitoring inflationary pressures and consumer purchasing power within the energy sector.
Methodology
The data is collected through a nationwide survey of consumer prices and calculated using a weighted average of energy-related items.
Historical Context
Trends in the Hungarian energy CPI are closely watched by the central bank and government for their implications on monetary and energy policies.
Key Facts
- Hungary's energy CPI has a base year of 2015.
- Energy accounts for around 13% of the total Hungarian CPI basket.
- Electricity and motor fuels are the largest components of the energy CPI.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Energy in Hungary tracks changes in the prices of energy-related goods and services, including electricity, natural gas, and motor fuels.
Q: Why is this trend relevant for users or analysts?
A: The Hungarian energy CPI is an important indicator for monitoring inflationary pressures and consumer purchasing power within the energy sector, which has significant implications for policymakers and households.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer prices and calculated using a weighted average of energy-related items.
Q: How is this trend used in economic policy?
A: Trends in the Hungarian energy CPI are closely watched by the central bank and government for their implications on monetary and energy policies.
Q: Are there update delays or limitations?
A: The energy CPI data for Hungary is published monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Hungary (HUNCPIENGQINMEI), retrieved from FRED.