Harmonized Index of Consumer Prices: Gardens, Plants and Flowers for Spain
CP0933ESM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
130.57
Year-over-Year Change
3.08%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Gardens, Plants and Flowers in Spain measures changes in the prices of these items as part of the overall consumer price index.
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 is a standardized measure of inflation used across European Union countries. The Gardens, Plants and Flowers segment tracks the prices of outdoor plants, flowers, seeds, and related gardening supplies.
Methodology
The data is collected through surveys of consumer transactions and prices.
Historical Context
The HICP is a key indicator used by policymakers to monitor and manage inflation.
Key Facts
- The HICP is harmonized across EU countries.
- The Gardens, Plants and Flowers segment accounts for around 0.5% of the total HICP basket in Spain.
- Prices in this segment can be influenced by factors like weather, supply chain, and consumer demand.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Gardens, Plants and Flowers in Spain measures changes in the prices of these items as part of the overall consumer price index.
Q: Why is this trend relevant for users or analysts?
A: The HICP is a key indicator used by policymakers to monitor and manage inflation, making this segment relevant for understanding consumer spending and broader economic trends.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer transactions and prices.
Q: How is this trend used in economic policy?
A: The HICP is a standardized measure used across the European Union to track inflation, which is a critical consideration for monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The HICP data is typically published with a 1-2 month lag and may be subject to revisions.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Gardens, Plants and Flowers for Spain (CP0933ESM086NEST), retrieved from FRED.