Harmonized Index of Consumer Prices: Overall Index Excluding Alcohol and Tobacco for Hungary
00XALCHUM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
172.37
Year-over-Year Change
4.06%
Date Range
12/1/2000 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) Excluding Alcohol and Tobacco for Hungary measures the change in consumer prices for a basket of goods and services, excluding alcohol and tobacco, in Hungary.
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 HICP Excluding Alcohol and Tobacco is a key economic indicator used to assess inflation in Hungary. It provides a comprehensive measure of price changes in the Hungarian economy, excluding the volatile components of alcohol and tobacco.
Methodology
The data is collected through a nationwide survey of consumer prices and calculated using a standardized methodology across the European Union.
Historical Context
Policymakers and analysts use this index to monitor inflationary pressures and guide monetary and fiscal policy decisions.
Key Facts
- The HICP Excluding Alcohol and Tobacco is published monthly by Eurostat.
- Hungary joined the European Union in 2004 and adopted the Euro in 2022.
- This index is a vital indicator for the European Central Bank's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices Excluding Alcohol and Tobacco for Hungary measures the change in consumer prices for a basket of goods and services, excluding the volatile components of alcohol and tobacco, in Hungary.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflationary pressures in the Hungarian economy and is used by policymakers and analysts to guide monetary and fiscal policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer prices and calculated using a standardized methodology across the European Union.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to monitor inflationary pressures in Hungary and inform decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The HICP Excluding Alcohol and Tobacco for Hungary is published monthly by Eurostat with minimal update delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Overall Index Excluding Alcohol and Tobacco for Hungary (00XALCHUM086NEST), retrieved from FRED.