Harmonized Index of Consumer Prices: Milk, Cheese and Eggs for Spain
CP0114ESM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
140.52
Year-over-Year Change
4.41%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Milk, Cheese and Eggs for Spain measures the change in prices for these dairy products in the Spanish consumer market. It is a key indicator for assessing inflation and consumer purchasing power.
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
This economic trend represents the price index for milk, cheese, and eggs in Spain, as part of the broader Harmonized Index of Consumer Prices (HICP). The HICP is a standardized measure used by Eurozone countries to track consumer inflation and evaluate the effectiveness of monetary policy.
Methodology
The data is collected through surveys of consumer prices by Spain's National Statistics Institute.
Historical Context
Trends in this index are closely monitored by the European Central Bank and Spanish policymakers to inform economic and monetary decisions.
Key Facts
- Spain is a major producer and consumer of dairy products in Europe.
- Dairy prices can significantly impact overall consumer inflation in Spain.
- Fluctuations in this index often reflect changes in agricultural commodity markets.
FAQs
Q: What does this economic trend measure?
A: This trend measures the price changes for milk, cheese, and eggs in the Spanish consumer market as part of the Harmonized Index of Consumer Prices (HICP).
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflation and consumer purchasing power in Spain, which is crucial for economic policymaking and market analysis.
Q: How is this data collected or calculated?
A: The data is collected through consumer price surveys conducted by Spain's National Statistics Institute.
Q: How is this trend used in economic policy?
A: Trends in this index are closely monitored by the European Central Bank and Spanish policymakers to inform decisions on monetary policy and inflation targeting.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 2-4 week delay, and may be subject to revisions based on updated survey information.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Milk, Cheese and Eggs for Spain (CP0114ESM086NEST), retrieved from FRED.