Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Portugal
PRTCP010000IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
136.77
Year-over-Year Change
23.81%
Date Range
1/1/1948 - 1/1/2025
Summary
The Consumer Price Index (CPI) for Food and Non-Alcoholic Beverages measures changes in the prices paid by Portuguese consumers for a basket of food and non-alcoholic beverage items. This metric is a key indicator of consumer price inflation in Portugal.
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 Food and Non-Alcoholic Beverages is a component of the broader Consumer Price Index, which tracks the average change in prices paid by consumers for a comprehensive basket of goods and services. This subindex provides more granular insight into inflationary pressures specifically within the food and non-alcoholic beverage sector.
Methodology
The data is collected through a survey of retail establishments and then aggregated to calculate the index value.
Historical Context
Policymakers and economists monitor this trend to assess the state of consumer price inflation in Portugal and make informed decisions about monetary and fiscal policy.
Key Facts
- The base year for this index is 2015.
- Food and non-alcoholic beverages account for around 20% of the total CPI basket in Portugal.
- The index is published monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Food and Non-Alcoholic Beverages measures changes in the prices paid by Portuguese consumers for a basket of food and non-alcoholic beverage items.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insight into inflationary pressures within a key component of the consumer price basket, helping policymakers and economists assess the state of consumer price inflation in Portugal.
Q: How is this data collected or calculated?
A: The data is collected through a survey of retail establishments and then aggregated to calculate the index value.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to make informed decisions about monetary and fiscal policy in Portugal.
Q: Are there update delays or limitations?
A: The index is published monthly by Eurostat, with no significant update delays.
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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 (PRTCP010000IXOBQ), retrieved from FRED.