Harmonized Index of Consumer Prices: Overall Index Excluding Energy and Seasonal Food for Portugal
00XESEPTM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
125.18
Year-over-Year Change
2.31%
Date Range
12/1/1999 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) Excluding Energy and Seasonal Food for Portugal measures changes in the prices of consumer goods and services, excluding volatile energy and food prices. This core inflation metric is a key indicator of underlying price pressures in the Portuguese 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 and Seasonal Food provides a more stable and reliable measure of inflationary trends in Portugal by filtering out price fluctuations in energy and seasonal food. Economists and policymakers use this index to assess the trajectory of core inflation and make informed decisions about monetary and fiscal policies.
Methodology
The Portuguese National Statistics Institute collects and calculates this index according to Eurostat's harmonized methodologies.
Historical Context
The HICP Excluding Energy and Seasonal Food is a crucial input for the European Central Bank's monetary policy decisions affecting Portugal and the Eurozone.
Key Facts
- The index base year is 2015 = 100.
- Portugal's HICP Excluding Energy and Seasonal Food reached a high of 103.78 in January 2023.
- This index excludes approximately 20% of the consumer price basket.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) Excluding Energy and Seasonal Food measures changes in the prices of consumer goods and services in Portugal, excluding volatile energy and food prices.
Q: Why is this trend relevant for users or analysts?
A: This core inflation metric provides a more stable and reliable indicator of underlying price pressures in the Portuguese economy, which is crucial for policymakers and analysts assessing the trajectory of inflation.
Q: How is this data collected or calculated?
A: The Portuguese National Statistics Institute collects and calculates this index according to Eurostat's harmonized methodologies.
Q: How is this trend used in economic policy?
A: The HICP Excluding Energy and Seasonal Food is a crucial input for the European Central Bank's monetary policy decisions affecting Portugal and the Eurozone.
Q: Are there update delays or limitations?
A: The index is published monthly, with a typical release lag of around 2-3 weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Overall Index Excluding Energy and Seasonal Food for Portugal (00XESEPTM086NEST), retrieved from FRED.