Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for OECD Europe
OECDECPGREN01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
186.85
Year-over-Year Change
2.58%
Date Range
1/1/1970 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Energy in OECD Europe measures the changes in prices of energy-related goods and services across the region.
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
This CPI energy index is a key indicator of inflationary pressures and consumer purchasing power in the OECD European countries. It is used by policymakers, analysts, and businesses to monitor energy price trends and their economic impacts.
Methodology
The data is collected through household surveys and aggregated to calculate the regional CPI energy index.
Historical Context
The CPI energy index helps inform monetary and fiscal policies targeting inflation and household expenditures.
Key Facts
- Energy accounts for approximately 10% of the OECD Europe CPI basket.
- The CPI energy index has risen over 50% since 2000.
- Volatile energy prices significantly impact household budgets in the OECD region.
FAQs
Q: What does this economic trend measure?
A: The CPI Energy for OECD Europe measures the changes in prices of energy-related goods and services, including electricity, natural gas, motor fuels, and other household energy costs.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflationary pressures and consumer purchasing power in the OECD European countries, informing policy decisions and business strategies.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and aggregated to calculate the regional CPI energy index.
Q: How is this trend used in economic policy?
A: The CPI energy index helps inform monetary and fiscal policies targeting inflation and household expenditures in the OECD European region.
Q: Are there update delays or limitations?
A: The CPI energy index is published monthly with a short lag, providing timely data for policymakers and analysts.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for OECD Europe (OECDECPGREN01IXOBM), retrieved from FRED.