Harmonized Index of Consumer Prices: Non-Alcoholic Beverages for Portugal
CP0120PTM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
137.43
Year-over-Year Change
4.76%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Non-Alcoholic Beverages in Portugal tracks changes in the prices of non-alcoholic drinks, providing a key indicator of consumer price inflation.
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 Non-Alcoholic Beverages in Portugal is a component of the overall HICP, which is the standard measure of consumer price inflation used across the European Union. This subindex offers insights into price dynamics for an important household expenditure category.
Methodology
The data is collected through a nationwide survey of consumer prices by the National Statistical Institute of Portugal.
Historical Context
HICP trends inform monetary policy decisions by the European Central Bank.
Key Facts
- The HICP for Non-Alcoholic Beverages in Portugal uses 2015 as the base year.
- This index accounts for around 2.5% of the overall HICP basket in Portugal.
- Prices are surveyed across a representative sample of retail outlets nationwide.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Non-Alcoholic Beverages in Portugal tracks changes in the prices of non-alcoholic drinks, such as coffee, tea, juice, and soft drinks.
Q: Why is this trend relevant for users or analysts?
A: The HICP for Non-Alcoholic Beverages is an important component of the overall consumer price index, providing insights into a key household expenditure category and contributing to the assessment of broader inflationary pressures.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer prices conducted by the National Statistical Institute of Portugal.
Q: How is this trend used in economic policy?
A: HICP trends, including the Non-Alcoholic Beverages subindex, inform monetary policy decisions by the European Central Bank as it seeks to maintain price stability across the Eurozone.
Q: Are there update delays or limitations?
A: The HICP for Non-Alcoholic Beverages in Portugal is typically published monthly with a lag of around two weeks, providing timely insight into price dynamics.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Non-Alcoholic Beverages for Portugal (CP0120PTM086NEST), retrieved from FRED.