Harmonized Index of Consumer Prices: Bread and Cereals for European Union
CP0111EUCCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
143.79
Year-over-Year Change
1.88%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Bread and Cereals in the European Union measures the inflation rate of this key consumer goods category. It is a crucial indicator for policymakers and economists analyzing EU-wide price trends.
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 Bread and Cereals tracks the monthly price changes of bread, cereals, and related food products purchased by EU consumers. This index is a harmonized, standardized measure used across the EU to assess and compare consumer price inflation.
Methodology
The data is collected through surveys of retail prices by national statistical agencies and aggregated by Eurostat.
Historical Context
Central banks and economic analysts use this HICP component to monitor inflationary pressures and make informed policy decisions.
Key Facts
- The HICP for Bread and Cereals has a base year of 2015 = 100.
- Bread and cereals account for about 5% of the total EU consumer price index.
- Annual inflation in this category was 12.6% in the EU as of December 2022.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Bread and Cereals tracks monthly price changes for this key consumer goods category across the European Union.
Q: Why is this trend relevant for users or analysts?
A: The HICP for Bread and Cereals is a crucial indicator for policymakers and economists analyzing EU-wide inflationary pressures and consumer price trends.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail prices by national statistical agencies and aggregated by Eurostat, the EU's statistical office.
Q: How is this trend used in economic policy?
A: Central banks and economic analysts use this HICP component to monitor inflationary pressures and make informed monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a lag of around 2 months.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Bread and Cereals for European Union (CP0111EUCCM086NEST), retrieved from FRED.