Harmonized Index of Consumer Prices: Vegetables for Estonia
CP0117EEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
197.42
Year-over-Year Change
4.68%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Vegetables for Estonia measures price changes for a basket of vegetable products in Estonia. It is a key indicator of food 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 Harmonized Index of Consumer Prices (HICP) is a standardized measure of inflation used across the European Union. The Vegetables subindex tracks price movements for a representative selection of vegetable products in the Estonian consumer market.
Methodology
The data is collected through surveys of consumer prices by Estonia's national statistical agency.
Historical Context
Policymakers and economists use the HICP Vegetables index to assess inflationary pressures and consumer spending trends.
Key Facts
- Estonia joined the eurozone in 2011.
- Vegetables account for about 5% of the Estonian CPI basket.
- The HICP Vegetables index uses 2015 as its base year.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Vegetables for Estonia measures the price changes for a basket of vegetable products purchased by consumers in Estonia.
Q: Why is this trend relevant for users or analysts?
A: The HICP Vegetables index is a key indicator of food inflation and consumer purchasing power in Estonia, providing important insights for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through regular consumer price surveys conducted by Estonia's national statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and economists use the HICP Vegetables index to assess inflationary pressures and consumer spending trends, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The HICP Vegetables data for Estonia is published monthly with a typical 2-week delay, providing timely information on food price dynamics.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Vegetables for Estonia (CP0117EEM086NEST), retrieved from FRED.