Indicator Assessment
Real change in transport prices by mode
Indicator Assessment
Prod-ID:
IND-173-en
Also known as:
TERM 020
Published 01 Dec 2016
Last modified 09 Feb 2021
10
min read
This is an old version, kept for reference only.
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Topics:
Transport
This page was archived on 09 Feb 2021 with reason:
Other
(Discontinued indicator)
- In comparison to average consumer prices, the cost of purchasing motor cars has decreased significantly since 1996, taking 2015 as the reference point.
- In contrast, the cost of passenger services and the operation of personal transport equipment has generally increased.
- The vitality of the transport market can be seen in 2009, for example, when overall transport prices fell at a faster rate than average consumer prices, primarily due to a significant drop in the average crude oil price between 2008 and 2009, and subsequent reductions in fuel prices.
- Rail transport prices are less closely tied to the costs of fuel as most services operate under ‘public service obligations’ and an increasing proportion of passenger rail is electric-powered.
- Overall transport prices appear to peak in 2012, largely driven by a peak in the price for the operation of personal transport equipment.