Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Germany
DEUCP010000CTGYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.45
Year-over-Year Change
2102.57%
Date Range
1/1/2010 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Food and Non-Alcoholic Beverages in Germany measures changes in the prices paid by consumers for food and non-alcoholic drink items. This is a key indicator of inflation trends for a major component of household spending.
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 CPI for Food and Non-Alcoholic Beverages in Germany is a subindex of the broader Consumer Price Index, which tracks the average change in prices paid by consumers for a basket of goods and services. This subindex provides insight into price dynamics specifically for food and non-alcoholic beverages, an important part of the consumer spending basket.
Methodology
The data is collected through surveys of prices paid by consumers at retail outlets across Germany.
Historical Context
Economists and policymakers closely monitor this CPI subindex to assess inflationary pressures and make informed decisions regarding monetary and fiscal policy.
Key Facts
- Food and non-alcoholic beverages account for about 14% of the German consumer spending basket.
- This CPI subindex reached a record high of 118.1 in June 2022.
- Rising food and energy prices have been a major driver of overall inflation in Germany in recent years.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Food and Non-Alcoholic Beverages in Germany measures the change in prices paid by consumers for food and non-alcoholic drink items.
Q: Why is this trend relevant for users or analysts?
A: This CPI subindex provides important insights into inflationary pressures on a key component of household spending, helping economists and policymakers assess the broader state of the German economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of prices paid by consumers at retail outlets across Germany.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this CPI subindex to assess inflationary pressures and make informed decisions regarding monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is published monthly with minimal delays, providing timely insights into price dynamics for food and non-alcoholic beverages in Germany.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Germany (DEUCP010000CTGYM), retrieved from FRED.