Harmonized Index of Consumer Prices: Energy and Unprocessed Food for Austria
EFOODUATM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
156.69
Year-over-Year Change
6.57%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Energy and Unprocessed Food in Austria measures changes in the prices of these essential household goods. This key economic indicator provides insights into inflationary pressures 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 Energy and Unprocessed Food index tracks the prices of energy products and unprocessed food items in Austria's consumer basket. It is a component of the broader HICP, which is used by policymakers to assess price stability and guide monetary policy decisions.
Methodology
The data is collected through surveys of retailers and service providers across Austria.
Historical Context
This index is closely monitored by the European Central Bank and other institutions to gauge inflationary trends in the Eurozone.
Key Facts
- Austria's HICP Energy and Unprocessed Food index has a base year of 2015.
- Energy and unprocessed food account for about 15% of the total Austrian consumer basket.
- Tracking this index helps policymakers assess the impact of global commodity price changes on domestic inflation.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Energy and Unprocessed Food in Austria measures changes in the prices of these essential household goods and services.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into inflationary pressures and consumer purchasing power, which are key considerations for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers and service providers across Austria.
Q: How is this trend used in economic policy?
A: The HICP Energy and Unprocessed Food index is closely monitored by the European Central Bank and other institutions to gauge inflationary trends in the Eurozone and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of around 2 weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Energy and Unprocessed Food for Austria (EFOODUATM086NEST), retrieved from FRED.