Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Portugal
PRTCP010000CTGYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.36
Year-over-Year Change
363.32%
Date Range
1/1/2010 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Food and Non-Alcoholic Beverages in Portugal measures the change in prices for this key consumer spending category. It is an important economic indicator used to track inflation and household purchasing power.
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 Food and Non-Alcoholic Beverages CPI is a component of the overall Consumer Price Index for Portugal. It tracks the prices of a representative basket of food and non-alcoholic drink items purchased by Portuguese consumers. This index is used to assess changes in the cost of living and inform economic policy decisions.
Methodology
The Portuguese statistical agency collects price data from a sample of retail outlets to calculate this index.
Historical Context
The Food and Non-Alcoholic Beverages CPI is closely monitored by the European Central Bank and Portuguese government for insights into consumer spending trends and inflationary pressures.
Key Facts
- The Food and Non-Alcoholic Beverages CPI is a sub-index of the overall Portuguese CPI.
- This index has a base year of 1999.
- Food and non-alcoholic beverages account for about 18% of the total Portuguese CPI basket.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Food and Non-Alcoholic Beverages in Portugal measures the change in prices for this key consumer spending category.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator of inflationary pressures and changes in the cost of living for Portuguese consumers.
Q: How is this data collected or calculated?
A: The Portuguese statistical agency collects price data from a sample of retail outlets to calculate this index.
Q: How is this trend used in economic policy?
A: The Food and Non-Alcoholic Beverages CPI is closely monitored by the European Central Bank and Portuguese government for insights into consumer spending trends and inflationary pressures.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with minimal delays, providing timely insights into consumer price changes.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Portugal (PRTCP010000CTGYM), retrieved from FRED.