Harmonized Index of Consumer Prices: All-Items HICP for Estonia
CP0000EEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
163.64
Year-over-Year Change
5.25%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Estonia measures changes in the prices of consumer goods and services. It is a key economic indicator used to assess inflation and guide monetary policy decisions.
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 for Estonia is a comprehensive measure of consumer price inflation that allows for comparisons across European Union member states. It tracks a basket of goods and services representative of typical household expenditures.
Methodology
The data is collected through surveys of consumer prices in Estonia and calculated according to Eurostat's standardized HICP methodology.
Historical Context
The HICP is a critical input for the European Central Bank's monetary policy, which aims to maintain price stability in the Eurozone.
Key Facts
- Estonia joined the Eurozone in 2011.
- The HICP basket is reviewed and updated regularly.
- Inflation is a key concern for policymakers in the Eurozone.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Estonia measures changes in the prices of consumer goods and services purchased by households.
Q: Why is this trend relevant for users or analysts?
A: The HICP for Estonia is a critical indicator used to assess inflation and guide monetary policy decisions in the Eurozone.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices in Estonia and calculated according to Eurostat's standardized HICP methodology.
Q: How is this trend used in economic policy?
A: The HICP is a key input for the European Central Bank's monetary policy, which aims to maintain price stability in the Eurozone.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a typical lag of around two weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: All-Items HICP for Estonia (CP0000EEM086NEST), retrieved from FRED.