Harmonized Index of Consumer Prices: Restaurants, Cafes and the Like for Germany
CP1111DEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
148.70
Year-over-Year Change
4.13%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Restaurants, Cafes and the Like for Germany measures the prices paid by German consumers for dining out. This key indicator tracks changes in the cost of a basket of common restaurant and cafe items.
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 Harmonized Index of Consumer Prices (HICP) is a standardized measure of consumer price inflation used across the European Union. The Restaurants, Cafes and the Like component specifically reflects price changes in the food service industry, providing insights into consumer spending and economic conditions.
Methodology
The data is collected through surveys of businesses in the food service sector.
Historical Context
This index is closely watched by policymakers and analysts to assess inflationary pressures and consumer behavior.
Key Facts
- Measures price changes in the German food service industry.
- Part of the broader Harmonized Index of Consumer Prices.
- Provides insights into consumer spending and economic conditions.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Restaurants, Cafes and the Like for Germany measures the prices paid by German consumers for dining out, including restaurants, cafes, and similar establishments.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflationary pressures and consumer behavior in the German service sector, providing insights that are closely watched by policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses in the German food service sector.
Q: How is this trend used in economic policy?
A: The Restaurants, Cafes and the Like index is used by policymakers and analysts to assess inflationary pressures and consumer spending patterns, which can inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with minimal delays, providing timely insights into the German food service industry.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Fuels and Lubricants for Personal Transport Equipment for Germany
DEUCPHP0702IXOBM
Employment to Population Rate: All Ages: Males for Germany
LREPTTMADEQ156S
Harmonized Index of Consumer Prices: Tools and Equipment for House and Garden for Germany
CP0550DEM086NEST
Infra-Annual Labor Statistics: Working-Age Population Female: From 25 to 54 Years for Germany
LFWA25FEDEQ647N
Consumer Price Index: All Items: Total for Germany
DEUCPALTT01IXNBM
Infra-Annual Labor Statistics: Unemployment Rate Total: 15 Years or over for Germany
LRUNTTTTDEQ156S
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Restaurants, Cafes and the Like for Germany (CP1111DEM086NEST), retrieved from FRED.