Harmonized Index of Consumer Prices: Food for Portugal
CP0110PTM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
140.34
Year-over-Year Change
3.73%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Food in Portugal measures changes in the prices of food and non-alcoholic beverages purchased by Portuguese consumers. This metric is a key indicator of cost-of-living and inflationary pressures.
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 for Food in Portugal is a component of the broader HICP, which is the primary measure of consumer price inflation in the European Union. Analyzing food price trends provides important insights into household budgets and the overall economic climate.
Methodology
The data is collected through regular surveys of prices for a basket of common food and beverage items.
Historical Context
Policymakers and market analysts closely monitor the HICP for Food as it informs decisions on monetary policy, interest rates, and consumer spending patterns.
Key Facts
- The HICP for Food accounts for over 15% of the total HICP basket in Portugal.
- Food prices have risen by an average of 2.5% per year in Portugal over the past decade.
- Volatile food prices can significantly impact household budgets and broader consumer confidence.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Food in Portugal measures changes in the prices of food and non-alcoholic beverages purchased by Portuguese consumers.
Q: Why is this trend relevant for users or analysts?
A: Analyzing food price trends provides important insights into household budgets and the overall economic climate, which is crucial for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of prices for a basket of common food and beverage items.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor the HICP for Food as it informs decisions on monetary policy, interest rates, and consumer spending patterns.
Q: Are there update delays or limitations?
A: The HICP for Food data is published on a monthly basis, with a short lag time for the most recent figures.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Food for Portugal (CP0110PTM086NEST), retrieved from FRED.