Harmonized Index of Consumer Prices: Vegetables for Austria
CP0117ATM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
145.10
Year-over-Year Change
2.55%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Vegetables in Austria measures changes in the prices paid by Austrian consumers for a basket of vegetable products. This metric is a key indicator of inflationary pressures and consumer purchasing power in the Austrian economy.
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 Vegetables in Austria is a component of the broader HICP, which is the standard measure of consumer inflation across the European Union. The vegetable index provides insight into price dynamics for a critical food category and is used by policymakers and analysts to assess the overall state of the Austrian economy.
Methodology
The data is collected through surveys of retail prices by Statistik Austria, the national statistics agency.
Historical Context
The HICP for Vegetables in Austria is referenced by the European Central Bank in its monetary policy decisions for the Eurozone.
Key Facts
- Austria is the 7th largest producer of vegetables in the European Union.
- Vegetables account for approximately 7% of the total Austrian consumer price index.
- Vegetable prices in Austria have risen by an average of 2.5% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Vegetables in Austria measures the changes in retail prices paid by Austrian consumers for a basket of vegetable products.
Q: Why is this trend relevant for users or analysts?
A: The HICP for Vegetables is a key indicator of inflationary pressures and consumer purchasing power in the Austrian economy, providing important insights for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through regular price surveys conducted by Statistik Austria, the national statistics agency.
Q: How is this trend used in economic policy?
A: The HICP for Vegetables in Austria is referenced by the European Central Bank in its monetary policy decisions for the Eurozone.
Q: Are there update delays or limitations?
A: The HICP for Vegetables data is published monthly with a lag of approximately two weeks.
Related Trends
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Balance of Payments: Current Account: Balance (Revenue Minus Expenditure) for Austria
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Infra-Annual Labor Statistics: Unemployment Male: From 15 to 24 Years for Austria
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Austria
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Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Austria
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Insurance Company Assets to GDP for Austria
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Vegetables for Austria (CP0117ATM086NEST), retrieved from FRED.