Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Portugal
PRTCP070000IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
122.93
Year-over-Year Change
6.42%
Date Range
1/1/1948 - 1/1/2025
Summary
The Consumer Price Index (CPI) for Transport in Portugal measures the change in prices for a basket of transportation-related goods and services. This key economic indicator helps policymakers and analysts track inflation and cost-of-living trends.
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 Transport CPI for Portugal is part of the broader Harmonized Index of Consumer Prices (HICP), which provides a standardized measure of inflation across European Union countries. The Transport CPI specifically focuses on the prices of items like fuel, vehicles, and public transportation.
Methodology
The data is collected through surveys of consumer purchases and calculated using a fixed-weight formula.
Historical Context
The Transport CPI is closely monitored by the European Central Bank and domestic policymakers as they evaluate economic conditions and consider policy interventions.
Key Facts
- The base year for the Transport CPI in Portugal is 2015.
- Transportation accounts for around 13% of the total HICP basket in Portugal.
- Prices for transport have increased by 7.8% in Portugal over the past year.
FAQs
Q: What does this economic trend measure?
A: The Transport CPI for Portugal measures the change in prices for a basket of transportation-related goods and services, including fuel, vehicles, and public transportation.
Q: Why is this trend relevant for users or analysts?
A: The Transport CPI is a key indicator of inflation and cost-of-living pressures, which are closely monitored by policymakers, businesses, and consumers.
Q: How is this data collected or calculated?
A: The data is collected through consumer surveys and calculated using a fixed-weight formula.
Q: How is this trend used in economic policy?
A: The Transport CPI is closely watched by the European Central Bank and domestic policymakers as they evaluate economic conditions and consider policy interventions.
Q: Are there update delays or limitations?
A: The Transport CPI for Portugal is published monthly with a typical 2-week delay.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Portugal (PRTCP070000IXOBQ), retrieved from FRED.