Harmonized Index of Consumer Prices: Seasonal Food for Romania
SEAS00ROM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
205.88
Year-over-Year Change
19.74%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Seasonal Food for Romania measures the change in prices of seasonal food items for consumers in Romania. This metric is a key indicator of inflation and consumer 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 Harmonized Index of Consumer Prices (HICP) tracks the changes in the prices of consumer goods and services acquired by households. The seasonal food component focuses specifically on food items that vary in availability and price throughout the year, providing insights into a crucial aspect of the cost of living.
Methodology
The data is collected through surveys of consumer expenditures and prices by the Romanian National Institute of Statistics.
Historical Context
This index is used by policymakers and economists to assess inflationary pressures and guide monetary and fiscal policies.
Key Facts
- The index is measured on a scale of 100, with the base year set to 2015.
- Seasonal food items account for around 10% of the total Romanian consumer price index.
- Romania joined the European Union in 2007 and adopted the HICP as its primary inflation measure.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Seasonal Food for Romania measures the change in prices of seasonal food items for consumers in Romania.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into a crucial aspect of the cost of living in Romania, as seasonal food items account for a significant portion of consumer expenditures.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and prices by the Romanian National Institute of Statistics.
Q: How is this trend used in economic policy?
A: This index is used by policymakers and economists to assess inflationary pressures and guide monetary and fiscal policies in Romania.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of around 2-3 weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Seasonal Food for Romania (SEAS00ROM086NEST), retrieved from FRED.