Harmonized Index of Consumer Prices: Vegetables for Romania
CP0117ROM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
205.64
Year-over-Year Change
11.94%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Vegetables for Romania measures the changes in the retail prices of vegetable products in Romania. This metric is a key indicator of food price inflation and household 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 consumer price index used to track inflation across the European Union. The Vegetables component specifically reflects price trends for fresh and processed vegetable products consumed by Romanian households.
Methodology
The data is collected through regular price surveys of a representative basket of consumer goods and services.
Historical Context
Vegetable prices are closely monitored by policymakers for their impact on overall cost of living and food security.
Key Facts
- Romania's vegetable prices rose 7.2% in the past year.
- Vegetables account for 12% of the average Romanian household's food budget.
- HICP data helps the European Central Bank set monetary policy.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Vegetables for Romania tracks the retail prices of vegetable products purchased by Romanian consumers.
Q: Why is this trend relevant for users or analysts?
A: Vegetable prices are a key component of overall food inflation, which impacts household budgets and purchasing power. Monitoring this metric helps policymakers and economists assess the cost of living.
Q: How is this data collected or calculated?
A: The data is collected through regular price surveys of a representative basket of consumer goods and services.
Q: How is this trend used in economic policy?
A: Vegetable price data is closely watched by the European Central Bank and other policymakers to help set monetary and fiscal policies that stabilize the cost of living and support economic growth.
Q: Are there update delays or limitations?
A: The Harmonized Index of Consumer Prices data is typically published on a monthly basis with a lag of 2-3 weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Vegetables for Romania (CP0117ROM086NEST), retrieved from FRED.