Harmonized Index of Consumer Prices: Oils and Fats for Germany
CP0115DEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
198.80
Year-over-Year Change
6.08%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Oils and Fats in Germany measures the changes in prices of edible oils and fats purchased by German consumers. This indicator provides insight into inflationary pressures and consumer spending patterns within this key household expenditure category.
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 Oils and Fats in Germany is a subcomponent of the broader HICP, which is the primary inflation measure used in the Eurozone. The oils and fats index tracks price movements of items like cooking oils, butter, margarine, and other related products that are part of the average German household's consumption basket.
Methodology
The data is collected through a nationwide survey of prices paid by consumers at retail outlets.
Historical Context
This indicator is closely monitored by the European Central Bank and German policymakers to assess inflationary dynamics and guide monetary policy decisions.
Key Facts
- Oils and fats account for about 2.5% of the total German consumer price index.
- Prices for this category have risen by an average of 1.8% annually over the past decade.
- Germany is the largest economy in the Eurozone, making this indicator highly relevant for regional economic policy.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Oils and Fats in Germany tracks the changes in prices of edible oils, fats, and related products purchased by German consumers.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into inflationary pressures and consumer spending patterns within a key household expenditure category, which is closely monitored by policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of prices paid by consumers at retail outlets.
Q: How is this trend used in economic policy?
A: The HICP for Oils and Fats in Germany is closely watched by the European Central Bank and German policymakers to assess inflationary dynamics and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a relatively short delay, making it a timely indicator of consumer price movements.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Oils and Fats for Germany (CP0115DEM086NEST), retrieved from FRED.