Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Portugal
PRTCPHP0200GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.40
Year-over-Year Change
0.00%
Date Range
1/1/1997 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Alcoholic Beverages, Tobacco and Narcotics in Portugal measures the cost of these goods and services for Portuguese consumers. This key economic indicator provides insights into consumer spending patterns and inflationary pressures.
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 is part of the Harmonized Index of Consumer Prices (HICP) framework, which is used to compare inflation rates across European Union member states. This index is a valuable tool for policymakers, researchers, and businesses to understand changes in Portuguese consumer behavior and prices.
Methodology
The data is collected through surveys of consumer expenditures and prices by the Portuguese National Institute of Statistics.
Historical Context
Trends in this CPI are closely monitored by the European Central Bank and other institutions to inform monetary policy decisions.
Key Facts
- The CPI for Alcoholic Beverages, Tobacco and Narcotics in Portugal has a base year of 2015.
- This index accounts for approximately 4% of the overall Portuguese CPI basket.
- Prices in this category have risen by an average of 2.5% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Alcoholic Beverages, Tobacco and Narcotics in Portugal measures the cost of these goods and services for Portuguese consumers.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into consumer spending patterns and inflationary pressures in Portugal, which is valuable information for policymakers, researchers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and prices by the Portuguese National Institute of Statistics.
Q: How is this trend used in economic policy?
A: Trends in this CPI are closely monitored by the European Central Bank and other institutions to inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of 2-3 weeks.
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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 Portugal (PRTCPHP0200GYM), retrieved from FRED.