Harmonized Index of Consumer Prices: Alcoholic Beverages for Luxembourg
CP0210LUM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
122.11
Year-over-Year Change
-1.47%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Alcoholic Beverages in Luxembourg is a key economic indicator that tracks changes in the prices paid by consumers for alcoholic drinks over time.
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 Luxembourg is part of the broader HICP, which measures the changes in consumer prices across the Eurozone. This specific index provides insights into inflationary pressures and consumer spending patterns in the alcoholic beverage market.
Methodology
The data is collected through a nationwide survey of retailers and service providers in Luxembourg.
Historical Context
Policymakers and analysts use this index to assess the state of the Luxembourgish economy and make informed decisions.
Key Facts
- The HICP for Alcoholic Beverages in Luxembourg uses 2015 as the base year.
- Alcoholic beverages account for approximately 3.7% of the total HICP basket in Luxembourg.
- Luxembourg has one of the highest levels of alcohol consumption per capita in the European Union.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Alcoholic Beverages in Luxembourg measures the changes in consumer prices for alcoholic drinks over time.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into inflationary pressures and consumer spending patterns in the alcoholic beverage market, which is important for policymakers and analysts to assess the state of the Luxembourgish economy.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of retailers and service providers in Luxembourg.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess the state of the Luxembourgish economy and make informed decisions.
Q: Are there update delays or limitations?
A: The HICP for Alcoholic Beverages in Luxembourg is published monthly, with a typical delay of around 2-3 weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Alcoholic Beverages for Luxembourg (CP0210LUM086NEST), retrieved from FRED.