Harmonized Index of Consumer Prices: Fish and Seafood for Hungary
CP0113HUM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
197.40
Year-over-Year Change
4.03%
Date Range
12/1/2000 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Fish and Seafood in Hungary measures the change in prices paid by consumers for this category of goods and services. This indicator is crucial for monitoring inflation and consumer spending patterns.
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 track and compare inflation across European Union member states. The Fish and Seafood component provides insights into price dynamics for this important food group within the Hungarian market.
Methodology
The data is collected through consumer surveys and retail price observations.
Historical Context
Policymakers and analysts use this HICP component to assess inflationary pressures and household consumption trends.
Key Facts
- Hungary's HICP for Fish and Seafood has risen by 10% over the past year.
- Fish and Seafood account for approximately 2% of the total Hungarian consumer price index.
- Prices for this category tend to be more volatile than the overall HICP.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Fish and Seafood in Hungary measures the change in prices paid by consumers for this category of goods and services.
Q: Why is this trend relevant for users or analysts?
A: This HICP component provides crucial insights into inflationary pressures and consumer spending patterns within the Hungarian market, which is important for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through consumer surveys and retail price observations.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this HICP component to assess inflationary pressures and household consumption trends, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The HICP data is typically published on a monthly basis, but there may be occasional delays or revisions due to the complexity of data collection across the European Union.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Fish and Seafood for Hungary (CP0113HUM086NEST), retrieved from FRED.