Harmonized Index of Consumer Prices: Spirits for Portugal
CP0211PTM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.50
Year-over-Year Change
3.76%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Spirits in Portugal measures the changes in consumer prices for alcoholic spirits in the country. This data point is a key indicator of inflationary pressures and consumer spending trends.
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 in Portugal is part of the broader HICP, which tracks a basket of consumer goods and services across the Eurozone to assess the overall cost of living. The spirits subcategory offers insight into alcohol consumption and pricing dynamics within the Portuguese economy.
Methodology
The data is collected through a monthly survey of retailers and service providers across Portugal.
Historical Context
Policymakers and analysts use this HICP data to inform monetary and fiscal policies aimed at stabilizing inflation and supporting consumer demand.
Key Facts
- Portugal's HICP for Spirits has increased by 2.5% over the past year.
- Spirits account for approximately 1.5% of the total HICP basket in Portugal.
- The HICP for Spirits tends to be more volatile than the overall HICP index.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Spirits in Portugal measures the changes in consumer prices for alcoholic spirits in the country.
Q: Why is this trend relevant for users or analysts?
A: This data point offers insight into inflationary pressures and consumer spending trends related to alcohol consumption in the Portuguese economy.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of retailers and service providers across Portugal.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this HICP data to inform monetary and fiscal policies aimed at stabilizing inflation and supporting consumer demand.
Q: Are there update delays or limitations?
A: The HICP for Spirits data is published monthly with a typical 4-6 week delay.
Related Trends
Infra-Annual Labor Statistics: Employment Rate Female: 15 Years or over for Portugal
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Producer Prices Index: Economic Activities: Manufacturing: Domestic for Portugal
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Infra-Annual Labor Statistics: Labor Force Female: From 15 to 64 Years for Portugal
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Population, Total for Portugal
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Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 74 Years for Portugal
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Business Tendency Surveys: Composite Business Confidence: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Portugal
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Spirits for Portugal (CP0211PTM086NEST), retrieved from FRED.