Harmonized Index of Consumer Prices: Energy and Unprocessed Food for Luxembourg
EFOODULUM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
137.89
Year-over-Year Change
-0.35%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Energy and Unprocessed Food in Luxembourg tracks changes in the prices of these essential consumer goods. It is a key economic indicator for Luxembourg's inflation rate and cost of living.
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 Energy and Unprocessed Food is a subcomponent of the broader HICP index, which measures inflation for a basket of consumer goods and services in Luxembourg. This more granular index helps economists and policymakers analyze trends in the prices of energy and unprocessed food, which can significantly impact household budgets.
Methodology
The data is collected through surveys of retail prices by Luxembourg's statistical agency.
Historical Context
The HICP for Energy and Unprocessed Food is used by the European Central Bank and Luxembourg's government to inform monetary and fiscal policies.
Key Facts
- Luxembourg's HICP for Energy and Unprocessed Food uses 2015 as the base year.
- This index is a component of the broader Luxembourg HICP, which tracks a comprehensive basket of consumer goods.
- Energy and unprocessed food account for around 15% of the total Luxembourg HICP.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Energy and Unprocessed Food in Luxembourg tracks changes in the prices of these essential consumer goods.
Q: Why is this trend relevant for users or analysts?
A: This index helps economists and policymakers analyze trends in the prices of energy and unprocessed food, which can significantly impact household budgets and overall inflation in Luxembourg.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail prices by Luxembourg's statistical agency.
Q: How is this trend used in economic policy?
A: The HICP for Energy and Unprocessed Food is used by the European Central Bank and Luxembourg's government to inform monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 2-3 week delay.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Energy and Unprocessed Food for Luxembourg (EFOODULUM086NEST), retrieved from FRED.