Harmonized Index of Consumer Prices: Mineral Waters, Soft Drinks, Fruit and Vegetable Juices for European Union
CP0122EUCCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
146.30
Year-over-Year Change
4.35%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Mineral Waters, Soft Drinks, Fruit and Vegetable Juices tracks price changes for this consumer goods category in the European Union. This metric provides insight into inflationary pressures and consumer behavior within the EU market.
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 the European Union. The Mineral Waters, Soft Drinks, Fruit and Vegetable Juices component specifically monitors price fluctuations for this basket of non-alcoholic beverages, which are a key part of household consumption.
Methodology
This HICP data is collected through surveys of consumer expenditures and compiled by Eurostat, the EU's statistical agency.
Historical Context
Policymakers and analysts use this HICP data to assess price stability and consumer demand trends within the EU single market.
Key Facts
- The HICP covers over 700 consumer goods and services across the EU.
- Mineral waters, soft drinks, and juices make up about 2.5% of the total HICP basket.
- The HICP is a key economic indicator monitored by the European Central Bank.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Mineral Waters, Soft Drinks, Fruit and Vegetable Juices tracks changes in the prices paid by consumers for this basket of non-alcoholic beverages in the European Union.
Q: Why is this trend relevant for users or analysts?
A: This HICP component provides important insights into consumer price inflation and household spending patterns within the EU single market, which are critical factors monitored by policymakers and market analysts.
Q: How is this data collected or calculated?
A: The HICP data is compiled by Eurostat, the statistical agency of the European Union, through surveys of consumer expenditures.
Q: How is this trend used in economic policy?
A: The overall HICP is a key metric used by the European Central Bank to assess price stability and guide monetary policy decisions for the Eurozone.
Q: Are there update delays or limitations?
A: The HICP data is published monthly by Eurostat with a lag of around 2 weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Mineral Waters, Soft Drinks, Fruit and Vegetable Juices for European Union (CP0122EUCCM086NEST), retrieved from FRED.