Harmonized Index of Consumer Prices: Wine for Spain
CP0212ESM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.06
Year-over-Year Change
1.15%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Wine in Spain measures changes in the retail prices of wine products purchased by Spanish consumers. This metric is a key indicator of inflation trends and consumer spending patterns in the Spanish economy.
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 Wine in Spain is a component of the broader HICP index, which tracks the overall cost of consumer goods and services in the country. Wine is an important product category that reflects changes in consumer behavior, disposable income, and broader economic conditions.
Methodology
The data is collected through surveys of retailers and service providers across Spain.
Historical Context
Policymakers and analysts use the HICP for Wine to assess inflationary pressures and consumer demand in the Spanish market.
Key Facts
- The HICP for Wine in Spain has a base year of 2015.
- Wine accounts for approximately 1.2% of the total HICP basket in Spain.
- Spain is one of the world's largest wine producers and consumers.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Wine in Spain measures changes in the retail prices of wine products purchased by Spanish consumers.
Q: Why is this trend relevant for users or analysts?
A: The HICP for Wine is a key indicator of inflationary pressures and consumer spending patterns in the Spanish economy, which is useful for policymakers and market analysts.
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: Policymakers and analysts use the HICP for Wine to assess inflationary pressures and consumer demand in the Spanish market, which informs monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a short delay, providing timely information on price trends.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Wine for Spain (CP0212ESM086NEST), retrieved from FRED.