Harmonized Index of Consumer Prices: Alcoholic Beverages for Estonia
CP0210EEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
142.01
Year-over-Year Change
1.71%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Alcoholic Beverages in Estonia tracks the changes in prices paid by Estonian consumers for alcoholic drinks. This metric is a key indicator of inflation and consumer 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 for Alcoholic Beverages in Estonia is a subcomponent of the broader Estonian HICP, which is the principal measure of consumer price inflation in the country. The alcoholic beverages index is used by policymakers and analysts to monitor changes in household spending and inflationary pressures.
Methodology
The data is collected through a nationwide survey of retail prices by Estonia's statistical agency.
Historical Context
The HICP for Alcoholic Beverages is a valuable input for the Estonian Central Bank's monetary policy decisions.
Key Facts
- Estonia joined the Eurozone in 2011.
- Alcoholic beverages account for around 4% of the Estonian CPI basket.
- Prices for alcoholic drinks in Estonia are among the lowest in the EU.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Alcoholic Beverages in Estonia tracks the changes in retail prices paid by Estonian consumers for alcoholic drinks.
Q: Why is this trend relevant for users or analysts?
A: The alcoholic beverages HICP is a key indicator of inflation and consumer spending patterns in Estonia, providing valuable insights for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of retail prices by Estonia's statistical agency.
Q: How is this trend used in economic policy?
A: The HICP for Alcoholic Beverages in Estonia is a crucial input for the Estonian Central Bank's monetary policy decisions.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a lag of approximately two weeks.
Related Trends
Employment to Population Rate: All Ages: Males for Estonia
LREPTTMAEEQ156S
Harmonized Unemployment: Monthly Levels: Aged 25 and over: All Persons for Estonia
LFHUADTTEEM647S
Use of Financial Services Deposit Accounts: Accounts at Commercial Banks for Estonia
ESTFCAODCNUM
Harmonized Index of Consumer Prices: Medical Services; Paramedical Services for Estonia
CP0621EEM086NEST
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Estonia
ESTCPHP0200GYM
Number of Identified Exporters to Estonia from Missouri
MOESTA475SCEN
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Alcoholic Beverages for Estonia (CP0210EEM086NEST), retrieved from FRED.