The transportation sub-index of the CPI basket In the Euro Area increased to 107.65 Index Points in July of 2019 from 107.13 Index Points in June of 2019. CPI Transportation in the Euro Area averaged 87.09 Index Points from 1996 until 2019, reaching an all time high of 107.65 Index Points in July of 2019 and a record low of 66 Index Points in January of 1996.
CPI Transportation in Euro Area is expected to be 107.66 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate CPI Transportation in Euro Area to stand at 108.52 in 12 months time. In the long-term, the Euro Area CPI Transportation is projected to trend around 109.88 Index Points in 2020, according to our econometric models.