Harmonized Index of Consumer Prices: Bread and Cereals for Romania
CP0111ROM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
171.15
Year-over-Year Change
5.20%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Bread and Cereals in Romania measures changes in the prices paid by consumers for this important food category. It is a key economic indicator for policymakers and analysts tracking inflation.
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 Romania is a subindex of the broader HICP, which is the EU's standardized measure of consumer price inflation. This specific index tracks the prices of a basket of bread and cereal products representative of Romanian household consumption.
Methodology
The Romanian National Institute of Statistics collects price data from a sample of retail outlets to calculate this index.
Historical Context
The HICP for Bread and Cereals is used by the European Central Bank and other policymakers to assess inflationary pressures and guide monetary policy decisions.
Key Facts
- Romania's HICP for Bread and Cereals has a base year of 2015.
- Bread and Cereals account for approximately 10% of the Romanian consumer price index basket.
- This index is published monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Bread and Cereals in Romania measures changes in the prices paid by Romanian consumers for a basket of bread and cereal products.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator of inflationary pressures in the Romanian food market and is closely monitored by policymakers and economists.
Q: How is this data collected or calculated?
A: The Romanian National Institute of Statistics collects price data from a sample of retail outlets to calculate this index.
Q: How is this trend used in economic policy?
A: The HICP for Bread and Cereals is used by the European Central Bank and other policymakers to assess inflationary pressures and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: This index is published monthly by Eurostat with no significant update delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Bread and Cereals for Romania (CP0111ROM086NEST), retrieved from FRED.