Harmonized Index of Consumer Prices: Overall Index Excluding Energy, Food, Alcohol, and Tobacco for Romania

00XEFDROM086NEST • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

146.95

Year-over-Year Change

5.55%

Date Range

12/1/2000 - 6/1/2025

Summary

The Harmonized Index of Consumer Prices (HICP) Excluding Energy, Food, Alcohol, and Tobacco for Romania measures the change in prices for a broad basket of consumer goods and services, excluding volatile components. This metric provides insight into underlying inflationary pressures in the Romanian economy.

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 Energy, Food, Alcohol, and Tobacco is a key economic indicator used by policymakers and analysts to gauge core inflation in Romania. It reflects price changes for a wide range of consumer expenditures, excluding items with high volatility, to better isolate fundamental inflationary trends.

Methodology

The data is collected through a nationwide survey of consumer prices by Romania's National Institute of Statistics.

Historical Context

This core inflation metric is closely monitored by the National Bank of Romania and the European Central Bank to inform monetary policy decisions.

Key Facts

  • Romania's HICP Excluding Energy, Food, Alcohol, and Tobacco reached a record high of 10.2% in 2022.
  • This core inflation metric has exceeded the National Bank of Romania's target range since 2021.
  • Excluding volatile components provides a more stable measure of underlying price pressures.

FAQs

Q: What does this economic trend measure?

A: The Harmonized Index of Consumer Prices Excluding Energy, Food, Alcohol, and Tobacco for Romania measures the change in prices for a broad basket of consumer goods and services, excluding volatile components.

Q: Why is this trend relevant for users or analysts?

A: This core inflation metric provides insight into fundamental price pressures in the Romanian economy, which is crucial for policymakers and analysts to assess the need for monetary policy adjustments.

Q: How is this data collected or calculated?

A: The data is collected through a nationwide survey of consumer prices by Romania's National Institute of Statistics.

Q: How is this trend used in economic policy?

A: The HICP Excluding Energy, Food, Alcohol, and Tobacco for Romania is closely monitored by the National Bank of Romania and the European Central Bank to inform monetary policy decisions.

Q: Are there update delays or limitations?

A: The data is published monthly with a lag of approximately one month.

Related Trends

Citation

U.S. Federal Reserve, Harmonized Index of Consumer Prices: Overall Index Excluding Energy, Food, Alcohol, and Tobacco for Romania (00XEFDROM086NEST), retrieved from FRED.