Harmonized Index of Consumer Prices: Coffee, Tea and Cocoa for Hungary
CP0121HUM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
196.34
Year-over-Year Change
15.80%
Date Range
12/1/2000 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices for Coffee, Tea and Cocoa in Hungary measures price changes for these beverages over time. This indicator provides insight into consumer inflation trends and is closely monitored by economists and policymakers.
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 metric used across the European Union to track consumer price inflation. The Coffee, Tea and Cocoa index specifically measures price changes for these popular drink categories, offering a granular view of price pressures faced by Hungarian households.
Methodology
The data is collected through surveys of retail establishments and calculated using a set of statistical methods defined by Eurostat.
Historical Context
Trends in the HICP Coffee, Tea and Cocoa index are used by the European Central Bank and Hungarian National Bank to inform monetary policy decisions.
Key Facts
- Hungary's HICP for Coffee, Tea and Cocoa has risen by 20% over the past 5 years.
- Coffee accounts for over 60% of the expenditure weight in this index.
- Prices in this category tend to be more volatile than the overall HICP.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Coffee, Tea and Cocoa in Hungary measures price changes over time for these popular beverage categories.
Q: Why is this trend relevant for users or analysts?
A: Trends in this index provide insights into consumer inflation pressures faced by Hungarian households and are closely monitored by policymakers.
Q: How is this data collected or calculated?
A: The data is collected through retail surveys and calculated using statistical methods defined by Eurostat.
Q: How is this trend used in economic policy?
A: The European Central Bank and Hungarian National Bank use this index to inform monetary policy decisions aimed at maintaining price stability.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a lag of approximately 2 weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Coffee, Tea and Cocoa for Hungary (CP0121HUM086NEST), retrieved from FRED.