Harmonized Index of Consumer Prices: Fruit for Portugal
CP0116PTM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
151.52
Year-over-Year Change
4.32%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Fruit for Portugal measures changes in the prices paid by Portuguese consumers for a basket of fruit products. This metric 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 Harmonized Index of Consumer Prices (HICP) is a standardized measure of inflation used across the European Union. The Fruit component tracks price movements for a representative basket of fruit items purchased by households. It provides insights into the cost of living and helps guide monetary policy decisions.
Methodology
The HICP data is collected through surveys of Portuguese consumers and retailers.
Historical Context
The Fruit HICP is closely monitored by the European Central Bank and Portuguese government to assess broader economic conditions.
Key Facts
- The base year for the Portugal Fruit HICP is 2015.
- Fruit accounts for approximately 3.7% of the total Portuguese consumer price index basket.
- Annual HICP inflation for Portugal's fruit prices averaged 2.1% from 2017-2021.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Fruit for Portugal measures the change in retail prices for a basket of fruit products purchased by Portuguese households.
Q: Why is this trend relevant for users or analysts?
A: The Fruit HICP provides valuable insights into inflationary pressures and consumer purchasing power within the Portuguese economy, which is useful for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The HICP data is collected through surveys of Portuguese consumers and retailers by the country's national statistical agency.
Q: How is this trend used in economic policy?
A: The Fruit HICP is closely monitored by the European Central Bank and Portuguese government to assess broader economic conditions and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The Fruit HICP data is typically published on a monthly basis with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Fruit for Portugal (CP0116PTM086NEST), retrieved from FRED.