Harmonized Index of Consumer Prices: Alcoholic Beverages, Tobacco and Narcotics for Portugal
CP0200PTM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
124.64
Year-over-Year Change
1.24%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Alcoholic Beverages, Tobacco and Narcotics in Portugal measures the changes in prices of these products over time. This index is a key indicator for understanding inflation trends and consumer spending 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 for Alcoholic Beverages, Tobacco and Narcotics tracks the prices of a basket of goods and services related to these product categories in Portugal. It is part of the broader HICP, which is used by the European Union to compare inflation rates across member states.
Methodology
The data is collected through surveys of retail establishments and service providers in Portugal.
Historical Context
Policymakers and analysts use this index to assess the impact of changes in these product prices on overall consumer price inflation.
Key Facts
- The index is part of the broader Harmonized Index of Consumer Prices (HICP).
- Alcoholic beverages, tobacco, and narcotics make up around 4% of the HICP basket in Portugal.
- The index is published monthly by the European Union's statistical agency, Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Alcoholic Beverages, Tobacco and Narcotics measures the changes in prices of these products over time in Portugal.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator for understanding inflation trends and consumer spending patterns in the Portuguese economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and service providers in Portugal.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess the impact of changes in these product prices on overall consumer price inflation.
Q: Are there update delays or limitations?
A: The index is published monthly by Eurostat, the European Union's statistical agency.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Alcoholic Beverages, Tobacco and Narcotics for Portugal (CP0200PTM086NEST), retrieved from FRED.