Harmonized Index of Consumer Prices: Alcoholic Beverages for European Union
CP0210EUCCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
128.06
Year-over-Year Change
1.43%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices for Alcoholic Beverages tracks the prices of alcoholic drinks across the European Union. It serves as a key indicator of consumer price inflation in the alcohol 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 Harmonized Index of Consumer Prices (HICP) for Alcoholic Beverages is a monthly statistical measure that monitors the changes in prices paid by consumers for alcoholic drinks in the European Union. This index is an important economic indicator used to assess inflationary pressures and guide monetary policy decisions.
Methodology
The data is collected through a harmonized survey of consumer prices across EU member states.
Historical Context
Policymakers and market analysts closely monitor the HICP for Alcoholic Beverages to understand consumer spending patterns and overall inflation dynamics.
Key Facts
- The index is published monthly by Eurostat.
- Alcoholic beverages account for around 4% of the EU consumer price index.
- Prices of alcoholic drinks are influenced by factors like taxation, supply, and consumer demand.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Alcoholic Beverages measures the changes in prices paid by consumers for alcoholic drinks across the European Union.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator of inflationary pressures in the alcohol market, which helps policymakers and market analysts assess consumer spending patterns and guide economic decisions.
Q: How is this data collected or calculated?
A: The data is collected through a harmonized survey of consumer prices across EU member states.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor the HICP for Alcoholic Beverages to understand consumer spending patterns and overall inflation dynamics, which informs monetary policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly by Eurostat, with some potential for minor delays in data reporting.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Alcoholic Beverages for European Union (CP0210EUCCM086NEST), retrieved from FRED.