Harmonized Index of Consumer Prices: Milk, Cheese and Eggs for Portugal
CP0114PTM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
130.71
Year-over-Year Change
2.99%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Milk, Cheese and Eggs in Portugal measures changes in the retail prices of these dairy products. It is a key indicator of inflation and consumer purchasing power in the Portuguese economy.
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 Milk, Cheese and Eggs tracks the monthly price fluctuations of these common household items. It is a subcomponent of the broader HICP index, which is used by the European Union to compare inflation rates across member states.
Methodology
The data is collected through surveys of retailers and producers and calculated using a weighted average of representative products.
Historical Context
Policymakers and analysts use this index to gauge inflationary pressures and consumer behavior in the Portuguese dairy market.
Key Facts
- Portugal's HICP for Milk, Cheese and Eggs has risen by 20% over the past 5 years.
- Dairy products account for about 3% of the total Portuguese consumer price index.
- Volatile dairy prices can significantly impact low-income Portuguese households.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the retail prices of milk, cheese, and eggs in Portugal. It is a component of the broader Harmonized Index of Consumer Prices (HICP).
Q: Why is this trend relevant for users or analysts?
A: Tracking dairy prices is important for understanding overall inflation and consumer purchasing power in the Portuguese economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers and producers and calculated using a weighted average of representative dairy products.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to gauge inflationary pressures and consumer behavior in the Portuguese dairy market, which can inform monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a typical 2-3 week delay. The index may not fully capture all regional or specialty dairy product price variations.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Milk, Cheese and Eggs for Portugal (CP0114PTM086NEST), retrieved from FRED.