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.

Related Trends

Citation

U.S. Federal Reserve, Harmonized Index of Consumer Prices: Bread and Cereals for European Union (CP0111EUCCM086NEST), retrieved from FRED.