Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Luxembourg
LUXCPIENGQINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
150.50
Year-over-Year Change
3.12%
Date Range
1/1/1967 - 1/1/2025
Summary
The Consumer Price Index (CPI) for Energy in Luxembourg measures the change in prices for a basket of energy-related goods and services. This key economic indicator provides insights into the rate of inflation and cost-of-living dynamics for households.
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 Luxembourg is a subcomponent of the overall Consumer Price Index, specifically tracking price changes for energy products like electricity, natural gas, heating oil, and automotive fuels. This data series is used by policymakers and analysts to assess energy-related inflationary pressures and their impact on consumer spending and the broader economy.
Methodology
The data is collected through surveys of retailers and service providers and calculated using a fixed-weight index formula.
Historical Context
The CPI for Energy is a critical input for monetary policy decisions and assessments of Luxembourg's economic performance.
Key Facts
- The base year for the Luxembourg CPI for Energy is 2015.
- Energy accounts for around 10% of the total Luxembourg CPI basket.
- Prices for energy products can significantly impact overall consumer inflation.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Energy in Luxembourg tracks the change in prices for a basket of energy-related goods and services, including electricity, natural gas, heating oil, and automotive fuels.
Q: Why is this trend relevant for users or analysts?
A: The CPI for Energy provides key insights into energy-related inflationary pressures and their impact on consumer spending and the broader Luxembourg economy, making it a critical input for policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers and service providers and calculated using a fixed-weight index formula.
Q: How is this trend used in economic policy?
A: The CPI for Energy is a crucial input for monetary policy decisions and assessments of Luxembourg's economic performance by policymakers and institutions.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with potential delays or limitations due to the collection and calculation process.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Luxembourg (LUXCPIENGQINMEI), retrieved from FRED.