Harmonized Index of Consumer Prices: Food and Non-Alcoholic Beverages for Austria

CP0100ATM086NEST • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

143.06

Year-over-Year Change

4.54%

Date Range

1/1/1996 - 6/1/2025

Summary

The Harmonized Index of Consumer Prices (HICP) for Food and Non-Alcoholic Beverages in Austria measures the changes in prices of these essential household items over time. It is a key economic indicator used to track inflation and consumer spending.

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 is a standardized measure of consumer price inflation across European Union countries, allowing for international comparisons. The Food and Non-Alcoholic Beverages component provides insight into price dynamics for a critical segment of household budgets.

Methodology

The data is collected through surveys of retail prices paid by consumers across Austria.

Historical Context

Central banks and policymakers monitor HICP trends to guide monetary and fiscal policies.

Key Facts

  • Austria's HICP for Food/Non-Alcoholic Beverages has a base year of 2015.
  • Food accounts for over 15% of the total Austrian consumer price index basket.
  • Monitoring this HICP component helps policymakers assess cost-of-living pressures.

FAQs

Q: What does this economic trend measure?

A: The Harmonized Index of Consumer Prices (HICP) for Food and Non-Alcoholic Beverages in Austria tracks the changes in retail prices for these essential household items.

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

A: This HICP component provides important insights into inflationary pressures and consumer spending patterns, which are critical inputs for economic policymaking.

Q: How is this data collected or calculated?

A: The data is collected through surveys of retail prices paid by consumers across Austria.

Q: How is this trend used in economic policy?

A: Central banks and policymakers monitor HICP trends, including for Food and Non-Alcoholic Beverages, to guide monetary and fiscal policies aimed at maintaining price stability.

Q: Are there update delays or limitations?

A: The HICP data is published monthly with a lag of approximately one month.

Related Trends

Citation

U.S. Federal Reserve, Harmonized Index of Consumer Prices: Food and Non-Alcoholic Beverages for Austria (CP0100ATM086NEST), retrieved from FRED.