Harmonized Index of Consumer Prices: Food for Hungary
CP0110HUM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
206.82
Year-over-Year Change
3.66%
Date Range
12/1/2000 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP): Food for Hungary measures changes in the prices of food items in the consumer basket for the Hungarian economy. 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 HICP: Food for Hungary tracks the monthly price changes of a representative basket of food and non-alcoholic beverage items consumed by Hungarian households. It is a subindex of the overall HICP, a standardized inflation measure used across the European Union.
Methodology
The data is collected through surveys of retail outlets and service providers across Hungary.
Historical Context
Policymakers at the Hungarian National Bank and the European Central Bank use this index to assess inflationary pressures and make monetary policy decisions.
Key Facts
- The HICP: Food for Hungary has a base year of 2015 = 100.
- Food accounts for about 16% of the total Hungarian consumer price index.
- Prices for food and non-alcoholic beverages in Hungary rose 13.8% year-over-year in 2022.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP): Food for Hungary measures monthly changes in the prices of food and non-alcoholic beverage items consumed by Hungarian households.
Q: Why is this trend relevant for users or analysts?
A: The HICP: Food for Hungary is a key indicator of inflationary pressures and consumer purchasing power in the Hungarian economy, which is closely monitored by policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail outlets and service providers across Hungary.
Q: How is this trend used in economic policy?
A: Policymakers at the Hungarian National Bank and the European Central Bank use this index to assess inflationary pressures and make monetary policy decisions.
Q: Are there update delays or limitations?
A: The HICP: Food for Hungary data is published monthly with a lag of approximately two weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Food for Hungary (CP0110HUM086NEST), retrieved from FRED.