Harmonized Index of Consumer Prices: Overall Index Excluding Alcohol and Tobacco for Romania
00XALCROM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
156.38
Year-over-Year Change
5.84%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) Excluding Alcohol and Tobacco for Romania measures changes in the prices of consumer goods and services, excluding alcohol and tobacco, purchased by Romanian households. This index is a key indicator of inflation and an important metric for economic policymakers.
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 for Romania is a harmonized, comprehensive measure of consumer price inflation. It tracks the monthly changes in the prices of a fixed basket of goods and services, excluding alcohol and tobacco, that are representative of Romanian household consumption patterns. This index is used by the European Central Bank and other institutions to assess price stability and guide monetary policy decisions.
Methodology
The data is collected through a national survey of retail prices across Romania and calculated according to Eurostat's harmonized methodology.
Historical Context
The HICP Excluding Alcohol and Tobacco is a critical input for evaluating the state of the Romanian economy and informing fiscal and monetary policies.
Key Facts
- The index base year is 2015 = 100.
- Romania joined the EU in 2007 and began reporting HICP data.
- The HICP Excluding Alcohol and Tobacco is published monthly.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) Excluding Alcohol and Tobacco for Romania measures changes in the prices of consumer goods and services, excluding alcohol and tobacco, purchased by Romanian households.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflation and an important metric for economic policymakers in evaluating the state of the Romanian economy and informing fiscal and monetary policies.
Q: How is this data collected or calculated?
A: The data is collected through a national survey of retail prices across Romania and calculated according to Eurostat's harmonized methodology.
Q: How is this trend used in economic policy?
A: The HICP Excluding Alcohol and Tobacco is a critical input for the European Central Bank and other institutions in assessing price stability and guiding monetary policy decisions.
Q: Are there update delays or limitations?
A: The HICP Excluding Alcohol and Tobacco for Romania is published monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Overall Index Excluding Alcohol and Tobacco for Romania (00XALCROM086NEST), retrieved from FRED.