Harmonized Index of Consumer Prices: Fruit for Luxembourg
CP0116LUM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
130.92
Year-over-Year Change
5.47%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP): Fruit for Luxembourg measures price changes for fruit products purchased by Luxembourg consumers. This index is a key indicator of inflation and consumer 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: Fruit for Luxembourg is a subcomponent of the broader HICP, which tracks the average change over time in the prices paid by households for a basket of consumer goods and services. The fruit-specific index provides insights into a crucial food category within the overall cost of living.
Methodology
The data is collected through surveys of retailers and consumers in Luxembourg.
Historical Context
Policymakers and economists analyze HICP data to guide monetary and fiscal policies aimed at maintaining stable prices and supporting consumer welfare.
Key Facts
- The HICP: Fruit for Luxembourg has a base year of 2015.
- Fruit accounts for approximately 2.6% of the total HICP basket in Luxembourg.
- The index is published monthly by Eurostat, the statistical office of the European Union.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP): Fruit for Luxembourg measures the price changes of fruit products purchased by consumers in Luxembourg.
Q: Why is this trend relevant for users or analysts?
A: The HICP: Fruit for Luxembourg is a key indicator of inflation and consumer purchasing power, providing insights into a crucial food category within the overall cost of living in Luxembourg.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers and consumers in Luxembourg.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze HICP data to guide monetary and fiscal policies aimed at maintaining stable prices and supporting consumer welfare.
Q: Are there update delays or limitations?
A: The index is published monthly by Eurostat, the statistical office of the European Union.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Fruit for Luxembourg (CP0116LUM086NEST), retrieved from FRED.