Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Electricity, Gas and Other Fuels for Israel
ISRCP040500GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.14
Year-over-Year Change
585.56%
Date Range
1/1/1986 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Electricity, Gas and Other Fuels in Israel measures changes in the prices of these essential household utilities. It is a key indicator of inflation and a critical data point for policymakers and economists.
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 Electricity, Gas and Other Fuels is a subcomponent of the broader Consumer Price Index, which tracks changes in the prices of a basket of consumer goods and services. This specific index provides insights into the cost of living pressures faced by Israeli households due to fluctuations in utility prices.
Methodology
The Israeli Central Bureau of Statistics collects prices from a representative sample of retailers and service providers to calculate this index.
Historical Context
Policymakers and central banks use this data to inform decisions on monetary policy and assess the broader inflationary environment.
Key Facts
- Israel's CPI for Electricity, Gas and Other Fuels has a base year of 1999.
- Utility costs account for a significant portion of household expenditures in Israel.
- Fluctuations in this index can impact the overall rate of inflation in the country.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Electricity, Gas and Other Fuels in Israel measures changes in the prices of these essential household utilities.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into the cost of living pressures faced by Israeli households due to fluctuations in utility prices, which is a critical data point for policymakers and economists.
Q: How is this data collected or calculated?
A: The Israeli Central Bureau of Statistics collects prices from a representative sample of retailers and service providers to calculate this index.
Q: How is this trend used in economic policy?
A: Policymakers and central banks use this data to inform decisions on monetary policy and assess the broader inflationary environment in Israel.
Q: Are there update delays or limitations?
A: The data is regularly updated by the Israeli Central Bureau of Statistics, but may be subject to occasional delays or revisions.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Electricity, Gas and Other Fuels for Israel (ISRCP040500GYM), retrieved from FRED.