Harmonized Index of Consumer Prices: Food Products N.e.c. for Romania
CP0119ROM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
158.27
Year-over-Year Change
3.49%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Food Products N.e.c. in Romania measures the changes in prices for a basket of food items excluding major categories. It is a key indicator of consumer inflation in Romania.
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. tracks the prices of a representative selection of food items that are not classified in major HICP categories like meat, dairy, or grains. It provides a detailed view of food inflation dynamics in the Romanian economy.
Methodology
The data is collected through a nationwide survey of consumer prices by Romania's National Institute of Statistics.
Historical Context
Policymakers and economists use this HICP subindex to assess inflationary pressures and consumer purchasing power.
Key Facts
- Romania's HICP for Food Products N.e.c. has a base year of 2015.
- This subindex excludes major food categories like meat, dairy, and grains.
- Food products N.e.c. account for around 5% of the overall Romanian HICP basket.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Food Products N.e.c. in Romania measures the changes in prices for a basket of food items that are not classified in major HICP categories.
Q: Why is this trend relevant for users or analysts?
A: This HICP subindex provides a detailed view of food inflation dynamics in the Romanian economy, which is important for policymakers and economists assessing consumer purchasing power and inflationary pressures.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer prices by Romania's National Institute of Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this HICP subindex to assess inflationary pressures and consumer purchasing power in the Romanian market.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 2-3 week delay.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Food Products N.e.c. for Romania (CP0119ROM086NEST), retrieved from FRED.