Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for OECD
OECDCPGREN01GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.95
Year-over-Year Change
402.55%
Date Range
1/1/1971 - 3/1/2025
Summary
The OECD Consumer Price Index for Energy measures the inflation rate for household energy consumption across OECD countries. It is a key indicator of energy affordability and the economic impact of fluctuating energy prices.
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 OECD Consumer Price Index for Energy tracks the monthly changes in the prices of electricity, gas, and other household fuels. This index is an important economic indicator for analyzing the cost of living, consumer spending, and the effects of energy policy.
Methodology
The data is collected from national statistical agencies and harmonized by the OECD to ensure cross-country comparability.
Historical Context
Policymakers and analysts use this index to assess the inflationary pressures and economic impacts of energy price changes.
Key Facts
- The index is based on a harmonized methodology across OECD countries.
- Energy accounts for approximately 10% of the typical OECD household consumption basket.
- The index is released monthly with a lag of around 1 month.
FAQs
Q: What does this economic trend measure?
A: The OECD Consumer Price Index for Energy measures the monthly changes in household energy prices, including electricity, gas, and other fuels, across OECD countries.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator of energy affordability and the economic impact of fluctuating energy prices on consumers and the broader economy.
Q: How is this data collected or calculated?
A: The data is collected from national statistical agencies and harmonized by the OECD to ensure cross-country comparability.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess the inflationary pressures and economic impacts of energy price changes, which informs energy and economic policies.
Q: Are there update delays or limitations?
A: The index is released monthly with a lag of around 1 month.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for OECD (OECDCPGREN01GYM), retrieved from FRED.