Harmonized Index of Consumer Prices: Overall Index Excluding Seasonal Food for Austria
00XSEAATM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
138.94
Year-over-Year Change
3.22%
Date Range
12/1/1999 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices Excluding Seasonal Food for Austria measures changes in the cost of a basket of consumer goods and services, excluding seasonal food items, providing insights into the country's underlying inflation trends.
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
This index is a key economic indicator used to analyze price stability and consumer purchasing power in Austria. It is harmonized with similar measures across the European Union to facilitate cross-country comparisons.
Methodology
The data is collected through surveys of consumer expenditures and calculated using a chained Laspeyres formula.
Historical Context
The index is closely monitored by the European Central Bank and Austrian policymakers to inform monetary and fiscal policy decisions.
Key Facts
- The index excludes volatile seasonal food items to better capture underlying price trends.
- Austria's HICP Excluding Seasonal Food reached a record high of 115.45 in December 2022.
- The index is harmonized with EU standards to enable cross-country comparisons.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices Excluding Seasonal Food for Austria measures changes in the cost of a basket of consumer goods and services, excluding volatile seasonal food items.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of Austria's underlying inflation pressures, providing insights into consumer purchasing power and price stability, which are critical for policymakers and investors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and calculated using a chained Laspeyres formula.
Q: How is this trend used in economic policy?
A: The Harmonized Index of Consumer Prices Excluding Seasonal Food for Austria is closely monitored by the European Central Bank and Austrian policymakers to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The index is updated monthly, with some potential for minor delays in data reporting.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Overall Index Excluding Seasonal Food for Austria (00XSEAATM086NEST), retrieved from FRED.