Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Estonia
ESTCPHP0200IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
157.97
Year-over-Year Change
2.39%
Date Range
1/1/1996 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Alcoholic Beverages, Tobacco and Narcotics in Estonia measures the change in prices of these consumer goods over time.
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
This economic indicator provides insights into inflationary pressures and consumer spending patterns related to these discretionary products. It is a key metric for policymakers and analysts assessing the overall cost of living in Estonia.
Methodology
The data is collected through regular price surveys of a representative basket of goods and services.
Historical Context
The CPI for Alcoholic Beverages, Tobacco and Narcotics is used to inform monetary and fiscal policies in Estonia.
Key Facts
- Estonia's CPI for Alcoholic Beverages, Tobacco and Narcotics has a base year of 1999.
- This index is part of the broader COICOP classification system for consumer expenditures.
- Trends in this CPI can signal changes in consumer preferences and discretionary spending.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Alcoholic Beverages, Tobacco and Narcotics in Estonia measures the change in prices of these consumer goods over time.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into inflationary pressures and consumer spending patterns related to these discretionary products, which is important for policymakers and analysts assessing the overall cost of living in Estonia.
Q: How is this data collected or calculated?
A: The data is collected through regular price surveys of a representative basket of goods and services.
Q: How is this trend used in economic policy?
A: The CPI for Alcoholic Beverages, Tobacco and Narcotics is used to inform monetary and fiscal policies in Estonia.
Q: Are there update delays or limitations?
A: The data is published regularly with minimal update delays, providing timely information for analysts and policymakers.
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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 Estonia (ESTCPHP0200IXOBM), retrieved from FRED.