Harmonized Index of Consumer Prices: Food and Non-Alcoholic Beverages for European Union
CP0100EUCCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
148.02
Year-over-Year Change
3.90%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Food and Non-Alcoholic Beverages tracks changes in the prices paid by consumers in the European Union for these essential goods over time.
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 key economic indicator used to measure and compare inflation across EU member states. The Food and Non-Alcoholic Beverages component provides insights into the cost of living and purchasing power dynamics for a critical consumer expenditure category.
Methodology
The data is collected through consumer price surveys across the EU and aggregated by Eurostat.
Historical Context
Policymakers and analysts monitor this HICP component to assess economic conditions and the impacts of factors like supply chain disruptions or commodity price fluctuations.
Key Facts
- The HICP Food and Non-Alcoholic Beverages index is published monthly.
- This index has a base year of 2015 = 100.
- Prices for this category make up around 19% of the overall HICP basket in the EU.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Food and Non-Alcoholic Beverages tracks changes in the prices paid by consumers in the European Union for these essential goods over time.
Q: Why is this trend relevant for users or analysts?
A: The Food and Non-Alcoholic Beverages HICP component provides important insights into the cost of living and purchasing power dynamics for a critical consumer expenditure category, which is useful for policymakers and analysts monitoring economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through consumer price surveys across the EU and aggregated by Eurostat.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this HICP component to assess economic conditions and the impacts of factors like supply chain disruptions or commodity price fluctuations.
Q: Are there update delays or limitations?
A: The HICP Food and Non-Alcoholic Beverages index is published monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Food and Non-Alcoholic Beverages for European Union (CP0100EUCCM086NEST), retrieved from FRED.