Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Estonia
ESTCPHP0200GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.40
Year-over-Year Change
-70.73%
Date Range
1/1/1997 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Alcoholic Beverages, Tobacco and Narcotics in Estonia measures changes in the prices of these consumer goods over time. It is a key economic indicator for analyzing cost-of-living trends and consumer behavior.
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 Alcoholic Beverages, Tobacco and Narcotics in Estonia is part of the broader Consumer Price Indices (CPIs) and Harmonized Indices of Consumer Prices (HICPs) data series. It tracks price fluctuations in this specific category of consumer expenditures, providing insights into inflationary pressures and consumer demand.
Methodology
The data is collected through surveys of retail establishments and service providers across Estonia.
Historical Context
Policymakers and analysts use this CPI data to assess the impact of price changes on household budgets and inform economic policy decisions.
Key Facts
- Estonia's CPI for Alcoholic Beverages, Tobacco and Narcotics has a base year of 1999.
- This CPI measures price changes in a basket of goods including beer, wine, spirits, tobacco products, and illegal drugs.
- The CPI data is used to track inflationary trends and the impact on household budgets in Estonia.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Alcoholic Beverages, Tobacco and Narcotics in Estonia measures changes in the prices of these consumer goods over time.
Q: Why is this trend relevant for users or analysts?
A: This CPI data provides insights into inflationary pressures and consumer demand patterns related to alcoholic beverages, tobacco, and narcotics in Estonia, which is useful for policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and service providers across Estonia.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this CPI data to assess the impact of price changes on household budgets and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The CPI data is published regularly, but there may be some delays in data availability or limitations in the scope of the goods and services included in the index.
Related Trends
Leading Indicators OECD: Component series: Car registration - sales: Normalised for Estonia
ESTLOCOVRNOSTSAM
Infra-Annual Labor Statistics: Employment Female: From 15 to 24 Years for Estonia
LFEM24FEEEQ647S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Estonia
ESTCPHP0900IXOBM
Harmonized Index of Consumer Prices: Electrical Appliances for Personal Care; Other Appliances, Articles and Products for Personal Care for Estonia
CP1212EEM086NEST
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Estonia
ESTCPHP0401GYM
Infra-Annual Labor Statistics: Employment Rate Male: From 55 to 64 Years for Estonia
LREM55MAEEQ156N
Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Estonia (ESTCPHP0200GYM), retrieved from FRED.