Harmonized Index of Consumer Prices: Food Products N.e.c. for Spain
CP0119ESM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
135.37
Year-over-Year Change
1.41%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Food Products N.e.c. (Not Elsewhere Classified) in Spain measures the change in prices of a basket of food items not included in other HICP categories. This trend is a key indicator of Spanish consumer inflation and food price dynamics.
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 Food Products N.e.c. represents a subset of the overall Spanish HICP, which is the standard measure of consumer inflation across the Eurozone. This food-specific index allows for more granular analysis of price pressures and consumer purchasing power in the Spanish food market.
Methodology
The data is collected through regular surveys of consumer prices by the Spanish National Statistics Institute.
Historical Context
HICP trends are closely monitored by the European Central Bank and policymakers to inform monetary policy decisions.
Key Facts
- Spain is the 4th largest economy in the Eurozone.
- Food accounts for about 15% of the Spanish consumer price index.
- HICP is a harmonized metric used across the EU for inflation tracking.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Food Products N.e.c. measures the change in prices of a basket of food items not included in other HICP categories in Spain.
Q: Why is this trend relevant for users or analysts?
A: This food-specific HICP trend provides more granular insight into Spanish consumer inflation and purchasing power dynamics in the food market, which is a key driver of overall economic activity.
Q: How is this data collected or calculated?
A: The data is collected through regular consumer price surveys conducted by the Spanish National Statistics Institute.
Q: How is this trend used in economic policy?
A: HICP trends are closely monitored by the European Central Bank and policymakers to inform monetary policy decisions aimed at maintaining price stability across the Eurozone.
Q: Are there update delays or limitations?
A: The HICP data is published on a monthly basis with a lag of approximately 2 weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Food Products N.e.c. for Spain (CP0119ESM086NEST), retrieved from FRED.