Harmonized Index of Consumer Prices: Bread and Cereals for Hungary
CP0111HUM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
235.10
Year-over-Year Change
5.59%
Date Range
12/1/2000 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Bread and Cereals in Hungary tracks price changes for this key consumer goods category. This metric is a critical economic indicator used to monitor inflation and household 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 for Bread and Cereals in Hungary is a subcomponent of the overall HICP, which measures the change in prices paid by consumers for a basket of goods and services. This specific index focuses on the price dynamics of bread, grains, and related cereal products, providing insight into a core element of the Hungarian consumer's expenditures.
Methodology
The data is collected through a nationwide survey of consumer prices by the Hungarian Central Statistical Office.
Historical Context
Policymakers and analysts closely monitor HICP trends to assess domestic price stability and inform monetary and fiscal policy decisions.
Key Facts
- Bread and Cereals account for approximately 9% of the Hungarian consumer's expenditure basket.
- The HICP for Bread and Cereals uses 2015 as its base year for index calculations.
- Monitoring this index helps policymakers assess the impact of factors like crop yields, commodity prices, and consumer demand on domestic inflation.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Bread and Cereals in Hungary tracks the price changes of bread, grains, and related cereal products purchased by Hungarian consumers.
Q: Why is this trend relevant for users or analysts?
A: This index is a critical indicator of inflationary pressures and household purchasing power in Hungary, providing valuable insights for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer prices conducted by the Hungarian Central Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor HICP trends, including for Bread and Cereals, to assess domestic price stability and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The HICP for Bread and Cereals in Hungary is published monthly with a typical lag of 2-3 weeks, providing timely data for economic analysis and decision-making.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Bread and Cereals for Hungary (CP0111HUM086NEST), retrieved from FRED.