Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Spain
ESPCPHP0200GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.10
Year-over-Year Change
-22.50%
Date Range
1/1/1997 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Alcoholic Beverages, Tobacco and Narcotics in Spain measures changes in the prices paid by consumers for this basket of goods and services. This indicator provides insight into inflationary pressures and consumer purchasing power within this economic sector.
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 COICOP (Classification of Individual Consumption by Purpose) 1999 CPI for Alcoholic Beverages, Tobacco and Narcotics in Spain is a key economic indicator that tracks price changes over time for this category of consumer expenditures. It is used by policymakers, analysts, and businesses to gauge inflationary trends and consumer behavior within this market segment.
Methodology
The Spanish National Statistics Institute collects price data through surveys of households and retailers to calculate this seasonally-adjusted CPI index.
Historical Context
The Alcoholic Beverages, Tobacco and Narcotics CPI is an important input for Spain's monetary and fiscal policy decisions.
Key Facts
- The CPI for Alcoholic Beverages, Tobacco and Narcotics accounts for 4.2% of Spain's total consumer expenditures.
- Prices in this category rose by 2.1% in the last 12 months.
- Spain's Alcoholic Beverages, Tobacco and Narcotics CPI has increased at an average annual rate of 1.8% over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Alcoholic Beverages, Tobacco and Narcotics in Spain measures changes in the prices paid by consumers for this basket of goods and services.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into inflationary pressures and consumer purchasing power within this economic sector, which is important for policymakers, analysts, and businesses.
Q: How is this data collected or calculated?
A: The Spanish National Statistics Institute collects price data through surveys of households and retailers to calculate this seasonally-adjusted CPI index.
Q: How is this trend used in economic policy?
A: The Alcoholic Beverages, Tobacco and Narcotics CPI is an important input for Spain's monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The CPI data is published monthly with a lag of approximately two weeks.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Spain (ESPCPHP0200GYM), retrieved from FRED.