Harmonized Index of Consumer Prices: Spirits for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0211E3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
125.89
Year-over-Year Change
1.85%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices: Spirits for European Economic Area (EEA18-2004, EEA28-2006, EEA30) tracks the price changes of spirits across the European Economic Area. This index is a key economic indicator for monitoring inflation and consumer spending in the region.
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
This consumer price index (CPI) measures the change in prices of spirits for households across the European Economic Area. The index is harmonized across participating countries to enable comparisons of inflation levels and trends between economies.
Methodology
The data is collected through surveys of prices charged by retailers and service providers across the EEA.
Historical Context
Policymakers and analysts use this index to assess consumer demand and inflationary pressures in the spirits market.
Key Facts
- The EEA includes 30 countries as of 2022.
- Spirits account for a small portion of the overall consumer price index.
- Prices are harmonized to enable cross-country comparisons.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Spirits for European Economic Area (EEA18-2004, EEA28-2006, EEA30) measures the change in prices of spirits purchased by households across the participating European countries.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator of inflationary pressures and consumer demand in the spirits market, which is relevant for policymakers, businesses, and analysts monitoring the European economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of prices charged by retailers and service providers across the EEA countries.
Q: How is this trend used in economic policy?
A: Policymakers and central banks use this index to assess consumer demand and inflationary trends in the spirits market, which can inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly, but there may be delays in reporting due to data collection across the participating EEA countries.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Spirits for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (CP0211E3CCM086NEST), retrieved from FRED.