Harmonized Index of Consumer Prices: Bread and Cereals for Portugal
CP0111PTM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
135.07
Year-over-Year Change
2.47%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Bread and Cereals in Portugal measures changes in the prices of bread, cereal, and related products. This trend is a key indicator of inflationary pressures and consumer purchasing power in the Portuguese food market.
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 Bread and Cereals is a subcomponent of the overall HICP, which tracks a basket of consumer goods and services across the Eurozone. Economists and policymakers analyze this data to understand changes in the cost of living and make informed decisions about monetary and fiscal policy.
Methodology
The data is collected through a nationwide survey of consumer prices by Portugal's National Statistics Institute.
Historical Context
The HICP for Bread and Cereals is used by the European Central Bank to help set interest rates and manage inflation across the Eurozone.
Key Facts
- Portugal's HICP for Bread and Cereals reached a record high in 2022.
- Bread and cereals account for approximately 10% of the total HICP basket in Portugal.
- Rising grain prices have put upward pressure on the Bread and Cereals HICP in recent years.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Bread and Cereals in Portugal measures changes in the prices of bread, cereal, and related food products.
Q: Why is this trend relevant for users or analysts?
A: The HICP for Bread and Cereals is a key indicator of inflationary pressures and consumer purchasing power in the Portuguese food market, which is closely monitored by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer prices by Portugal's National Statistics Institute.
Q: How is this trend used in economic policy?
A: The HICP for Bread and Cereals is used by the European Central Bank to help set interest rates and manage inflation across the Eurozone.
Q: Are there update delays or limitations?
A: The HICP data is typically published on a monthly basis with a short delay, providing timely insights into changes in the cost of living in Portugal.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Bread and Cereals for Portugal (CP0111PTM086NEST), retrieved from FRED.