Harmonized Index of Consumer Prices: Non-Alcoholic Beverages for Germany
CP0120DEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
146.90
Year-over-Year Change
7.86%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Non-Alcoholic Beverages for Germany measures the price changes of non-alcoholic drinks like coffee, tea, and juices. It is a key indicator of inflation and consumer purchasing power in the German economy.
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
This economic trend is part of the Harmonized Index of Consumer Prices (HICP), a standardized measure of inflation across European Union countries. The non-alcoholic beverages component provides insight into a crucial household expenditure category and can inform monetary policy decisions.
Methodology
The data is collected through a nationwide survey of retail prices on a monthly basis.
Historical Context
Policymakers at the European Central Bank monitor HICP trends to assess and manage price stability across the Eurozone.
Key Facts
- The base year for this index is 2015 = 100.
- Prices are collected from around 200 locations across Germany.
- Non-alcoholic beverages account for about 2.5% of the German consumer price index basket.
FAQs
Q: What does this economic trend measure?
A: This trend measures the changes in retail prices for non-alcoholic beverages such as coffee, tea, juices, and mineral waters in Germany.
Q: Why is this trend relevant for users or analysts?
A: The non-alcoholic beverages component of the Harmonized Index of Consumer Prices provides important insights into inflationary pressures and consumer purchasing power within the German economy.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of retail prices conducted on a monthly basis.
Q: How is this trend used in economic policy?
A: The European Central Bank closely monitors HICP trends, including the non-alcoholic beverages component, to assess and manage price stability across the Eurozone.
Q: Are there update delays or limitations?
A: The data is published with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Non-Alcoholic Beverages for Germany (CP0120DEM086NEST), retrieved from FRED.