Harmonized Index of Consumer Prices: Vegetables for Hungary
CP0117HUM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
237.19
Year-over-Year Change
4.17%
Date Range
12/1/2000 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices: Vegetables for Hungary tracks the change in prices of vegetable products in the Hungarian consumer market. This metric is a key indicator of inflation and consumer spending trends in the agricultural sector.
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 component tracks a basket of common vegetable products and is an important sub-index for monitoring food price dynamics.
Methodology
The data is collected through surveys of retailers and producers by the Hungarian Central Statistical Office.
Historical Context
This index is used by policymakers, analysts, and economists to assess inflationary pressures and consumer demand in the Hungarian agricultural market.
Key Facts
- Hungary's HICP Vegetables index has a base year of 2015.
- Vegetable prices account for over 4% of the total Hungarian consumer basket.
- Vegetable inflation has exceeded overall HICP inflation in Hungary since 2020.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Vegetables for Hungary measures the change in prices paid by Hungarian consumers for a basket of common vegetable products.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflationary pressures and consumer demand in the Hungarian agricultural sector, providing valuable insights for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers and producers by the Hungarian Central Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this index to assess food price dynamics and inflationary risks, informing monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The HICP Vegetables index for Hungary is published monthly with a relatively short time lag, providing timely data for analysis.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Vegetables for Hungary (CP0117HUM086NEST), retrieved from FRED.