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 11 May 2021
10 min read
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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.

Real change in transport prices by mode