Harmonized Index of Consumer Prices: Coffee, Tea and Cocoa for Croatia
CP0121HRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
178.92
Year-over-Year Change
23.97%
Date Range
1/1/1998 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for coffee, tea, and cocoa in Croatia measures changes in the prices of these key consumer goods over time. This economic indicator is important for monitoring inflation and household spending patterns.
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 metric used across the European Union to track consumer price inflation. The coffee, tea, and cocoa index provides insights into a specific consumer expenditure category that is relevant for household budgets and overall price trends.
Methodology
The data is collected through surveys of retail prices paid by Croatian consumers.
Historical Context
Policymakers and analysts use this HICP sub-index to gain a more granular understanding of inflationary pressures and consumer behavior.
Key Facts
- Croatia joined the Eurozone in 2023.
- Coffee, tea, and cocoa account for around 1% of the Croatian consumer price index basket.
- Prices for these products can be impacted by global commodity markets.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for coffee, tea, and cocoa in Croatia measures changes in the retail prices of these consumer goods over time.
Q: Why is this trend relevant for users or analysts?
A: This HICP sub-index provides insight into inflationary pressures and consumer spending patterns for an important household expenditure category.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail prices paid by Croatian consumers.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this HICP sub-index to gain a more granular understanding of inflationary trends and consumer behavior.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a short delay, providing timely insights into price changes.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Coffee, Tea and Cocoa for Croatia (CP0121HRM086NEST), retrieved from FRED.