Harmonized Index of Consumer Prices: Vegetables for Czech Republic
CP0117CZM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
172.00
Year-over-Year Change
-4.66%
Date Range
12/1/1999 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices for Vegetables in the Czech Republic tracks price changes in vegetable products over time. This data point is a key indicator of food price 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
The Harmonized Index of Consumer Prices (HICP) for Vegetables in the Czech Republic is a subindex that measures the monthly change in prices for a basket of common vegetable products. It is part of the broader HICP, which is the standard measure of consumer price inflation across the European Union.
Methodology
The data is collected through surveys of retail outlets and calculated using a set of standardized methods.
Historical Context
The HICP for Vegetables is used by policymakers, economists, and market analysts to assess cost-of-living changes and inflationary pressure in the Czech consumer market.
Key Facts
- The HICP for Vegetables is a subcomponent of the broader Czech HICP.
- Vegetable prices can be volatile and sensitive to weather, supply chain, and other factors.
- This index is tracked closely by the Czech National Bank and the European Central Bank.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Vegetables in the Czech Republic measures monthly changes in the prices of a basket of common vegetable products.
Q: Why is this trend relevant for users or analysts?
A: This data point is an important indicator of food price inflation and consumer purchasing power in the Czech market.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail outlets and calculated using standardized Eurostat methods.
Q: How is this trend used in economic policy?
A: The HICP for Vegetables is closely tracked by the Czech National Bank and the European Central Bank to assess inflationary pressures and cost-of-living changes.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately two weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Vegetables for Czech Republic (CP0117CZM086NEST), retrieved from FRED.