Harmonized Index of Consumer Prices: Energy and Seasonal Food for Estonia
ENRGYSEEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
192.95
Year-over-Year Change
-4.79%
Date Range
12/1/1997 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Energy and Seasonal Food for Estonia measures the changes in consumer prices for energy and seasonal food items in Estonia. This indicator is crucial for understanding inflationary pressures and consumer spending patterns in the Estonian economy.
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 inflation used across the European Union. The Energy and Seasonal Food HICP specifically tracks price changes for energy and perishable food products, which are important components of household budgets and sensitive to seasonal and supply-side factors.
Methodology
The data is collected through a survey of retail prices by Estonia's national statistical agency.
Historical Context
This index is widely used by policymakers, economists, and market analysts to assess the state of the Estonian economy and inform economic decision-making.
Key Facts
- Estonia's Energy and Seasonal Food HICP has a base year of 2015.
- This index accounts for around 15% of the total Estonian HICP basket.
- Prices for energy and seasonal food are typically more volatile than the overall HICP.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Energy and Seasonal Food for Estonia measures changes in consumer prices for energy and perishable food items in the country.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator of inflationary pressures and consumer spending patterns in Estonia, which is crucial information for policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through a survey of retail prices by Estonia's national statistical agency.
Q: How is this trend used in economic policy?
A: The Energy and Seasonal Food HICP is widely used by the Estonian government, the European Central Bank, and other institutions to assess the state of the Estonian economy and inform economic decision-making.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of around one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Energy and Seasonal Food for Estonia (ENRGYSEEM086NEST), retrieved from FRED.