The transportation sub-index of the CPI basket In the Euro Area increased to 104.44 Index Points in February of 2019 from 103.75 Index Points in January of 2019. CPI Transportation in the Euro Area averaged 86.73 Index Points from 1996 until 2019, reaching an all time high of 107.22 Index Points in August of 2018 and a record low of 66 Index Points in January of 1996.
CPI Transportation in Euro Area is expected to be 104.80 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 106.45 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.