Harmonized Index of Consumer Prices: Sugar, Jam, Honey, Chocolate and Confectionery for Portugal
CP0118PTM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
139.33
Year-over-Year Change
7.55%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Sugar, Jam, Honey, Chocolate and Confectionery in Portugal tracks the prices of these key consumer goods over time. This metric is a crucial indicator of inflationary pressures and consumer spending patterns 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 is a standardized measure of consumer price inflation across European Union countries. The Sugar, Jam, Honey, Chocolate and Confectionery index specifically monitors the price changes for these food and confectionery items, providing insights into a key component of household budgets and overall consumer demand.
Methodology
The data is collected through surveys of retail establishments and calculated using a weighted average based on household expenditure patterns.
Historical Context
Economists and policymakers closely monitor HICP trends to gauge the health of the Portuguese and broader Eurozone economies.
Key Facts
- Portugal's HICP for sugar, jam, honey, chocolate and confectionery has increased by 10.2% over the past year.
- These products make up approximately 2.3% of the total Portuguese consumer price index basket.
- Prices for these items tend to be sensitive to global commodity markets and exchange rate fluctuations.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Sugar, Jam, Honey, Chocolate and Confectionery tracks the prices of these key consumer goods in Portugal over time.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into inflationary pressures and consumer spending patterns in the Portuguese economy, which is crucial information for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and calculated using a weighted average based on household expenditure patterns.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor HICP trends, including for specific product categories like sugar, jam, honey, chocolate and confectionery, to gauge the overall health of the Portuguese and broader Eurozone economies.
Q: Are there update delays or limitations?
A: The HICP data is typically published on a monthly basis, but there may be some delays in data availability or revisions to previous releases.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Sugar, Jam, Honey, Chocolate and Confectionery for Portugal (CP0118PTM086NEST), retrieved from FRED.