Harmonized Index of Consumer Prices: Overall Index Excluding Tobacco for Hungary

00XTOBHUM086NEST • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

171.98

Year-over-Year Change

4.06%

Date Range

12/1/2000 - 7/1/2025

Summary

The Harmonized Index of Consumer Prices (HICP) Excluding Tobacco for Hungary measures changes in the prices of consumer goods and services, excluding tobacco products, purchased by Hungarian households. It is a key indicator of inflation used by policymakers.

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 HICP Excluding Tobacco is a harmonized, standardized measure of consumer inflation across European Union countries. It reflects changes in the cost of a fixed basket of consumer goods and services, providing a comparable gauge of price stability.

Methodology

The data is collected through surveys of Hungarian households and businesses, then aggregated and adjusted to a common statistical standard.

Historical Context

Central banks and governments use the HICP to assess economic conditions and guide monetary and fiscal policies.

Key Facts

  • The HICP Excluding Tobacco is a monthly economic indicator.
  • It covers around 90% of consumer expenditure in Hungary.
  • The index was first published in 1996.

FAQs

Q: What does this economic trend measure?

A: The HICP Excluding Tobacco measures changes in the prices of consumer goods and services purchased by Hungarian households, excluding tobacco products.

Q: Why is this trend relevant for users or analysts?

A: The HICP is a key indicator of inflation used by policymakers to assess economic conditions and guide monetary and fiscal policies.

Q: How is this data collected or calculated?

A: The data is collected through surveys of Hungarian households and businesses, then aggregated and adjusted to a common statistical standard.

Q: How is this trend used in economic policy?

A: Central banks and governments use the HICP to monitor price stability and make decisions about monetary and fiscal policies.

Q: Are there update delays or limitations?

A: The HICP data is released monthly with a typical delay of around 2-3 weeks.

Related Trends

Citation

U.S. Federal Reserve, Harmonized Index of Consumer Prices: Overall Index Excluding Tobacco for Hungary (00XTOBHUM086NEST), retrieved from FRED.