Harmonized Index of Consumer Prices: Fruit for Denmark
CP0116DKM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
126.60
Year-over-Year Change
3.77%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Fruit in Denmark measures the inflation rate of fruit prices in the country. It is a key economic indicator used by policymakers and analysts to track changes in the cost of living.
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 Fruit in Denmark is a subcomponent of the broader HICP, which is the standard measure of inflation across the European Union. This trend provides insights into price dynamics within the Danish fruit market and can help inform monetary and fiscal policies.
Methodology
The data is collected through surveys of consumer purchases and calculated using a standardized methodology across EU member states.
Historical Context
The HICP for Fruit is used by the European Central Bank and Danish government to monitor inflationary pressures and guide economic decision-making.
Key Facts
- Denmark's HICP for Fruit is a subcomponent of the broader EU HICP.
- Fruit prices are a significant driver of overall consumer price inflation.
- Policymakers use HICP data to guide monetary and fiscal policies.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Fruit in Denmark measures the inflation rate of fruit prices in the country.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into price dynamics within the Danish fruit market, which is useful for policymakers and analysts monitoring inflationary pressures.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer purchases and calculated using a standardized methodology across EU member states.
Q: How is this trend used in economic policy?
A: The HICP for Fruit is used by the European Central Bank and Danish government to monitor inflationary pressures and guide economic decision-making.
Q: Are there update delays or limitations?
A: The HICP data is published on a regular schedule with minimal delays, providing timely insights into fruit price inflation in Denmark.
Related Trends
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Total Credit to Non-Financial Sector, Adjusted for Breaks, for Denmark
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Currency Conversions: US Dollar Exchange Rate: Average of Daily Rates: National Currency: USD for Denmark
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Fruit for Denmark (CP0116DKM086NEST), retrieved from FRED.