Harmonized Index of Consumer Prices: Food and Non-Alcoholic Beverages for Euro Area (19 Countries)
CP0100EZ19M086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
141.99
Year-over-Year Change
3.17%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Food and Non-Alcoholic Beverages measures changes in the prices paid by consumers in the Eurozone for these essential goods over time.
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 key economic indicator used to assess and track inflation trends across the Eurozone. The Food and Non-Alcoholic Beverages component provides insights into price dynamics for a critical consumer expenditure category.
Methodology
The data is collected through a harmonized survey of consumer prices across Eurozone member states.
Historical Context
Policymakers and analysts closely monitor the HICP to inform monetary policy decisions and economic forecasts.
Key Facts
- The HICP Food and Non-Alcoholic Beverages index uses 2015 as its base year.
- This index accounts for over 15% of the total Eurozone HICP basket.
- Prices are collected from a sample of retail outlets in each Eurozone country.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Food and Non-Alcoholic Beverages measures changes in the prices paid by consumers in the Eurozone for these essential goods.
Q: Why is this trend relevant for users or analysts?
A: This index provides key insights into inflationary pressures on a critical consumer expenditure category, informing economic analysis and policymaking for the Eurozone.
Q: How is this data collected or calculated?
A: The data is collected through a harmonized survey of consumer prices across Eurozone member states.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor the HICP to inform monetary policy decisions and economic forecasts for the Eurozone.
Q: Are there update delays or limitations?
A: The HICP data is released on a monthly basis with a typical 2-3 week lag.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Food and Non-Alcoholic Beverages for Euro Area (19 Countries) (CP0100EZ19M086NEST), retrieved from FRED.