Harmonized Index of Consumer Prices: Fruit for Hungary
CP0116HUM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
274.05
Year-over-Year Change
26.73%
Date Range
12/1/2000 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices: Fruit for Hungary measures the average change in prices paid by Hungarian consumers for a basket of fruit products. This key economic indicator provides insights into inflationary pressures 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
The Harmonized Index of Consumer Prices (HICP) is a standardized measure of inflation used across the European Union. The Fruit HICP specifically tracks price movements for a representative selection of fresh and processed fruit items purchased by Hungarian households.
Methodology
The Hungarian Central Statistical Office collects and aggregates price data from a sample of retail outlets to calculate the monthly Fruit HICP.
Historical Context
Policymakers at the European Central Bank monitor HICP trends to guide monetary policy decisions aimed at maintaining price stability.
Key Facts
- The Fruit HICP is a component of the broader Hungarian HICP.
- Hungary joined the European Union in 2004 and adopted the euro in 2022.
- Fruit accounts for approximately 3% of the Hungarian consumer price basket.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Fruit for Hungary measures the average change in retail prices paid by Hungarian consumers for a basket of fruit products.
Q: Why is this trend relevant for users or analysts?
A: The Fruit HICP provides insights into inflationary pressures and consumer purchasing power, which are important considerations for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The Hungarian Central Statistical Office collects price data from a sample of retail outlets to calculate the monthly Fruit HICP.
Q: How is this trend used in economic policy?
A: The European Central Bank monitors HICP trends, including the Fruit HICP, to guide monetary policy decisions aimed at maintaining price stability across the Eurozone.
Q: Are there update delays or limitations?
A: The Fruit HICP is published monthly with a lag of approximately two weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Fruit for Hungary (CP0116HUM086NEST), retrieved from FRED.