Harmonized Index of Consumer Prices: Sugar, Jam, Honey, Chocolate and Confectionery for Romania
CP0118ROM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
172.51
Year-over-Year Change
11.12%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Sugar, Jam, Honey, Chocolate and Confectionery in Romania measures changes in the prices of these consumer goods. This data is crucial for economists and policymakers to track consumer inflation trends.
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 is a standardized measure of consumer price inflation across European Union countries. The Sugar, Jam, Honey, Chocolate and Confectionery index specifically tracks the price movements of these food and confectionery items in the Romanian consumer basket.
Methodology
The data is collected through surveys of consumer prices from a representative sample of retail outlets in Romania.
Historical Context
This index is widely used by the European Central Bank and other institutions to assess price stability and guide monetary policy decisions.
Key Facts
- Romania's HICP for Sugar, Jam, Honey, Chocolate and Confectionery has a base year of 2015.
- The index is published monthly by Eurostat, the statistical office of the European Union.
- This index is a crucial input for the European Central Bank's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Sugar, Jam, Honey, Chocolate and Confectionery in Romania measures changes in the prices of these consumer goods over time.
Q: Why is this trend relevant for users or analysts?
A: This index is important for economists and policymakers to track consumer inflation and guide monetary policy decisions that impact the Romanian and broader European economies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices from a representative sample of retail outlets in Romania.
Q: How is this trend used in economic policy?
A: The HICP for Sugar, Jam, Honey, Chocolate and Confectionery in Romania is a key input used by the European Central Bank and other institutions to assess price stability and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly by Eurostat, with a typical 1-month delay between the reference period and the data release.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Sugar, Jam, Honey, Chocolate and Confectionery for Romania (CP0118ROM086NEST), retrieved from FRED.