Harmonized Index of Consumer Prices: Spirits for Spain
CP0211ESM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116.81
Year-over-Year Change
-0.20%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Spirits in Spain tracks changes in the retail prices of alcoholic beverages, providing insight into Spanish consumer inflation.
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 Spirits is a component of the broader HICP, which measures the average change in prices paid by consumers for a basket of goods and services. This spirits-specific index is a valuable indicator of pricing trends in the Spanish alcohol market.
Methodology
The data is collected through surveys of retailers and service providers across Spain.
Historical Context
HICP data is used by policymakers and analysts to assess inflationary pressures and inform economic decision-making.
Key Facts
- Spain's HICP for Spirits is a component of the broader HICP index.
- The index tracks changes in retail prices of alcoholic beverages.
- HICP data is used by policymakers to assess inflationary pressures.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Spirits in Spain measures changes in the retail prices of alcoholic beverages, providing insight into Spanish consumer inflation.
Q: Why is this trend relevant for users or analysts?
A: The HICP for Spirits is a valuable indicator of pricing trends in the Spanish alcohol market, which is useful for policymakers and analysts assessing inflationary pressures.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers and service providers across Spain.
Q: How is this trend used in economic policy?
A: HICP data, including the Spirits index, is used by policymakers and analysts to assess inflationary pressures and inform economic decision-making.
Q: Are there update delays or limitations?
A: The HICP for Spirits data is published regularly by the U.S. Federal Reserve, but may be subject to typical reporting lags or limitations of the underlying survey data.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Spirits for Spain (CP0211ESM086NEST), retrieved from FRED.