Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Spain
ESPCP010000CTGYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.45
Year-over-Year Change
-46.90%
Date Range
1/1/2010 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Food and Non-Alcoholic Beverages in Spain tracks changes in the prices of consumer food and non-alcoholic drink products. This metric is a key indicator of inflationary pressures and cost-of-living trends in the Spanish 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 CPI for Food and Non-Alcoholic Beverages in Spain is part of the broader Consumer Price Index, which measures the average change in prices paid by consumers for a basket of goods and services. This specific sub-index focuses on changes in food and non-alcoholic beverage prices, providing insight into a major component of household spending.
Methodology
The data is collected through a nationwide survey of consumer prices.
Historical Context
Policymakers and market analysts closely monitor this CPI metric to assess the overall inflationary environment and make informed decisions.
Key Facts
- The CPI for Food and Non-Alcoholic Beverages accounts for roughly 20% of the overall CPI in Spain.
- Food and non-alcoholic beverage prices have increased by an average of 2.5% annually over the past decade in Spain.
- This CPI sub-index is a leading indicator of broader inflationary trends in the Spanish economy.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Food and Non-Alcoholic Beverages in Spain tracks changes in the prices of consumer food and non-alcoholic drink products.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of inflationary pressures and cost-of-living trends in the Spanish economy, providing insight into a major component of household spending.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer prices.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this CPI metric to assess the overall inflationary environment and make informed decisions.
Q: Are there update delays or limitations?
A: The CPI data is published on a monthly basis with minimal delays, providing timely insights into price trends.
Related Trends
Consumer Price Index: Health (COICOP 06): Total for Spain
ESPCP060000GPM
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Spain
PRINTO01ESA661N
National Accounts: GDP by Expenditure: Current Prices: Gross Fixed Capital Formation for Spain
ESPGFCFQDSMEI
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Spain
ESPCP090000CTGYM
Harmonized Index of Consumer Prices: Purchase of Vehicles for Spain
CP0710ESM086NEST
Harmonized Index of Consumer Prices: Food for Spain
CP0110ESM086NEST
Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Spain (ESPCP010000CTGYM), retrieved from FRED.