Harmonized Index of Consumer Prices: Clothing and Footwear for Portugal
CP0300PTM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
79.42
Year-over-Year Change
-2.04%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Clothing and Footwear in Portugal measures the changes in the prices of apparel and footwear purchased by Portuguese consumers. This metric is a key indicator of inflationary pressures in the consumer market.
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 Clothing and Footwear is a subcomponent of the broader HICP, which is the standard measure of consumer price inflation in the European Union. This data series provides insights into price dynamics within a specific consumer spending category and can inform economic policy decisions.
Methodology
The data is collected through surveys of retail establishments and calculated using a fixed-basket approach.
Historical Context
Central banks and policymakers use this HICP component to assess inflationary trends and guide monetary policy.
Key Facts
- Portugal's HICP for Clothing and Footwear uses 2015 as the base year.
- The index includes prices for a wide range of apparel and footwear items.
- Monthly data is available from January 1996 to the present.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Clothing and Footwear in Portugal measures the changes in the prices of apparel and footwear purchased by Portuguese consumers.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into inflationary pressures within a specific consumer spending category, which is valuable for economic policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and calculated using a fixed-basket approach.
Q: How is this trend used in economic policy?
A: Central banks and policymakers use this HICP component to assess inflationary trends and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Clothing and Footwear for Portugal (CP0300PTM086NEST), retrieved from FRED.