Harmonized Index of Consumer Prices: All-Items HICP for Austria
CP0000ATM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
138.76
Year-over-Year Change
3.21%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: All-Items HICP for Austria measures the overall price level of consumer goods and services in Austria, a key indicator of inflation and economic conditions.
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 is a standardized measure of consumer price inflation across European Union countries, allowing for cross-country comparisons. The All-Items HICP for Austria tracks the monthly changes in the cost of a representative basket of consumer goods and services.
Methodology
The Austrian statistical agency collects price data from a sample of retail outlets and service providers to calculate the HICP.
Historical Context
The HICP is used by the European Central Bank to monitor and set monetary policy for the Eurozone.
Key Facts
- Austria's HICP reached a record high of 10.6% in September 2022.
- The HICP is calculated using over 700 individual product prices.
- The HICP is a critical input for the European Central Bank's policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: All-Items HICP for Austria measures the overall price level of consumer goods and services in the country.
Q: Why is this trend relevant for users or analysts?
A: The HICP is a key indicator of inflation and an important metric for assessing the health of the Austrian economy and informing monetary policy decisions.
Q: How is this data collected or calculated?
A: The Austrian statistical agency collects price data from a sample of retail outlets and service providers to calculate the HICP.
Q: How is this trend used in economic policy?
A: The HICP is a critical input for the European Central Bank's monetary policy decisions, as it helps the bank monitor and control inflation across the Eurozone.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a lag of approximately two weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: All-Items HICP for Austria (CP0000ATM086NEST), retrieved from FRED.