Harmonized Index of Consumer Prices: Beer for Spain
CP0213ESM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
132.75
Year-over-Year Change
1.17%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Beer in Spain measures the change in prices paid by Spanish consumers for beer products over time. This key economic indicator helps assess inflation and consumer purchasing power.
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 Beer in Spain is a subcomponent of the broader HICP, which tracks the prices of a basket of consumer goods and services across the Eurozone. The beer index specifically focuses on the price changes for various beer products sold to Spanish households.
Methodology
The data is collected through surveys of retailers and compiled by Eurostat, the statistical office of the European Union.
Historical Context
Policymakers and economists use the HICP for Beer to understand broader consumer spending trends and inflationary pressures in the Spanish economy.
Key Facts
- The HICP for Beer in Spain has a base year of 2015.
- Beer accounts for around 1% of the total HICP basket in Spain.
- Spain is one of the largest beer consumers in the European Union.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Beer in Spain measures the change in prices paid by Spanish consumers for beer products over time.
Q: Why is this trend relevant for users or analysts?
A: The HICP for Beer is a key indicator of inflationary pressures and consumer spending patterns in the Spanish economy, providing valuable insights for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers and compiled by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: Policymakers and economists use the HICP for Beer to understand broader consumer spending trends and inflationary pressures in the Spanish economy, which can inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The HICP for Beer in Spain is published monthly by Eurostat, with a typical delay of around one month from the end of the reference period.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Beer for Spain (CP0213ESM086NEST), retrieved from FRED.