Harmonized Index of Consumer Prices: Food Including Alcohol and Tobacco for Austria
FOOD00ATM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
141.59
Year-over-Year Change
4.61%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP): Food Including Alcohol and Tobacco for Austria measures the change in consumer prices for food, alcohol, and tobacco products in Austria.
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 HICP is a key economic indicator used to track inflation across the European Union. This specific index provides insights into the cost of living and consumer spending for a vital segment of the Austrian economy.
Methodology
The data is collected through surveys of consumer expenditures and retail prices.
Historical Context
This index informs policymakers, businesses, and consumers about inflationary pressures and trends in the Austrian food and beverage market.
Key Facts
- The index uses 2015 as the base year with a value of 100.
- Austria's food, alcohol, and tobacco prices rose 4.3% year-over-year in the latest data.
- Tracking this index helps policymakers understand inflationary pressures on household budgets.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP): Food Including Alcohol and Tobacco for Austria measures the change in consumer prices for food, alcohol, and tobacco products in the country.
Q: Why is this trend relevant for users or analysts?
A: This index provides critical insights into inflationary pressures and the cost of living for Austrian consumers, informing policy decisions and business strategies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and retail prices.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to understand inflationary trends in the Austrian food and beverage market, which informs decisions on monetary policy, consumer protection, and more.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical delay of 1-2 months from the reference period.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Food Including Alcohol and Tobacco for Austria (FOOD00ATM086NEST), retrieved from FRED.